Evolv Merchant Processing

Evolv Selected as Woodford State Bank Preferred Merchant Services Provider

Mar 11, 2021

 

MONROE, Wis., Feb. 23, 2021 /PRNewswire/ -- Woodford State Bank (WSB), has announced its recent endorsement of Evolv, Inc. DBA Approval Payment Solutions (APS).

 

 

Now more than ever, it is vital for merchants to have the ability to accept all forms of payment. Efficiency and ease of ordering goods and services can be a deciding factor for whether a business will struggle or flourish during this pandemic. To help businesses succeed in their community, Woodford State Bank has carefully sought out a merchant service program for their member financial institutions.

 

Evolv offers a complete menu of electronic payment solutions to businesses of every type and size. They are a full-service provider, offering an all-inclusive solution for the payment processing needs of any business.

 

Evolv has helped brick-and-mortar businesses introduce online shopping and click-to-order solutions with cost-neutral credit card payment acceptance. evolv safeguards customer information with in-house Payment Card Industry (PCI) security standards. A partnership with a reliable merchant services provider solidifies community merchants to their financial institution.

 

 

About Approval Payment Solutions (APS) Powered by evolv:
Evolv is a 22-year-old, national, top-50 payment processor. Evolv maintains an 89% merchant retention rate compared to the industry average of 78%. Evolv's mission is to build partnerships through excellence in customer service.

 

 

Evolv is a full-service provider offering credit and debit card processing, gift, loyalty, EBT, Voyager, Wright Express, Check Conversion, Check Guarantee, Check Recovery, Core Local services, Search Engine Optimization, and Website Design.

 

About Woodford State Bank (WSB):
For over 100 years, Woodford State Bank has been meeting the changing needs of local families, businesses, and farmers by offering the financial solutions they need and want. Our team of experienced professionals provide complete banking services in an exceptionally friendly and personal manner. We have a tremendous interest in the prosperity of the communities we serve because we live in these communities too. Our employees and Board members shop where you shop. Our kids go to school with your kids. We are members of the same organizations and churches you belong to.

We are committed to remain locally owned and operated with a focus on smart growth and profits. Additionally, as an active community sponsor and partner, Woodford State Bank is seen as a business leader and good citizen in each of its host communities. You will find that our attention to customers, to communities, and to service is what sets us apart from the rest of the financial service industry.

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NEWBURGH, Feb. 14, 2024-- With a clientele exceeding 16,000 businesses and an annual transaction volume of $6 billion, Evolv has gained the trust of over 25 independent sales offices across the nation. Following Evolv's investment in Kansas City-based Pro1611, the latter is now in the process of transitioning to Evolv KC. This strategic acquisition enables the combined entities to further enhance the Evolv infrastructure, bringing together two prominent distribution channels and fostering long-term growth prospects. “With acquiring an ownership stake in Pro1611 we are excited to expand our management bench and to staff a W2 sales force. This team will be utilized to expand our Agent and Referral bank program,” said Allan Noe, CEO of Evolv. Noe also announced that Jason Bahnson and Drew Smith will serve as Managing Partners at Evolv KC LLC. About Evolv: Since 1998, Evolv has partnered with banks, associations, and sales offices to provide top-tier payment acceptance solutions. As a multi-processor sales office, Evolv offers a robust lineup of products, including point-of-sale systems, gateways, terminals, and other payment acceptance solutions. In 2017, Evolv expanded its offerings by investing in a growing digital marketing agency VIV , now providing additional solutions like website development, social media management, and paid advertising. With a diverse suite of business solutions, Evolv is dedicated to its motto: increasing sales, reducing costs, and mitigating risks for merchants and partners. For more information about Evolv, visit poweredbyevolv.com. About Pro1611: Founded by Jason Bahnson and Drew Smith, Pro1611 quickly made waves in the community by prioritizing customer care and utilizing cutting-edge technology to help merchants thrive and streamline costs. Partnering with Evolv further fueled their success, leading to a natural next step: combining forces to create an even more impactful entity. "Our partnership with Evolv has been incredibly fruitful," says Drew Smith, founder and President of Pro1611." Together, we've empowered countless Kansas City businesses with the tools and guidance they need to reach their full potential. Joining forces as Evolv KC allows us to leverage even more resources and expertise, amplifying our positive impact on the entire region."
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