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Evolv Celebrates 25 Years
Local Merchant Services Company Celebrated 25 Years in May 2023
Newburgh, Indiana – Evolv, Inc., an Indiana-native Merchant Services Provider, celebrated its 25th anniversary in May. Since 1998, Evolv has been dedicated to service, building its business on trust, referral partners, and excellence in customer support.
As a Merchant Services Provider, Evolv provides payment acceptance and digital marketing solutions to independent businesses. Partnering with banks, associations, and sales offices nationwide, Evolv processes nearly $6 billion annually, supports thousands of merchants, and is trusted by hundreds of partners.
“I recognized quickly the only way you were ever going to win any business,” said Allan Noe, CEO of Evolv, “was to be honest and real and understanding. To understand the merchant’s desire to accept payments and how they wanted to accept them. And so that was how it began. To this day, we still interview the merchants to understand how they want to accept payments and provide a solution that ultimately saves them money, time and creates a safer transaction.”
Evolv provides credit card processing terminals, point-of-sale systems, online payment gateways, mobile processing technology and many other payment solutions. Evolv manages a merchant retention rate of 88% per year where the industry average is 70% and contributes its great referral partners and putting the right product in the merchant.
In 2017, Evolv acquired interested in VIV - a growing Digital Marketing Agency in Evansville. Since then, Evolv has acquired primary interest in the agency, and both companies operate out of Evolv’s 4,000 sq ft headquarters in Newburgh, Indiana.
“We were seeing foot traffic decrease,” Noe said of the acquisition. “Customer buying habits were changing and payments were evolving. One of the best decisions we made was to invest in the digital marketing space. And now we're giving merchants the ability to service their customers as they want to be serviced.”
Through Evolv’s relationship with VIV, the duo provides eCommerce development, website design and management, targeted advertising, online payments, integrated point-of-sale solutions, and more. To learn more about Evolv, visit www.poweredbyevolv.com.
