How to Buy Crypto with Elavon in Ireland

Last updated on November 12, 2023

Quick Summary: While Elavon does not offer cryptocurrency trading through its own platform, you can make use of your account to purchase crypto through a third-party exchange.

There are a lot of Ireland cryptocurrency exchanges to pick from, but we suggest using the eToro exchange.

They offer the majority of most well-known cryptocurrencies and are simple to use. They have lots of advanced features but are also great for beginners.

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Elavon Homepage

As mentioned in my quick summary, like most Ireland banks, Elavon doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a crypto exchange and comes with regulations and extra work for the banks.

There are a large number of crypto trading platforms that you can use to buy Bitcoin and other cryptocurrencies.

Once you’ve signed up to a crypto exchange (in our example I’ll be using eToro as it’s a highly trusted and global exchange), you can easily move money from your bank account to the trading platform., and exchange it for a variety of cryptocurrencies.

How to buy crypto or bitcoin with Elavon

Let’s get started! Just follow our 4 quick steps.

1. Pick a cryptocurrency trading platform

As mentioned above, I’ll be using eToro for this guide as they are a widely used exchange and have a huge range of cryptocurrencies to choose from. It’s also one of the best exchanges for beginners and allows more advanced features when you get more comfortable with trading.

The steps in this guide should be similar for most trusted crypto exchanges, so feel free to use whichever you end up going with.

Let’s get started!

2. Create account with the trading platform

You’ll first need to create an account if you haven’t already, you can do using this quick link below.

Sign Up With eToro

Once you’ve filled out the basic information you’ll be asked for KYC (Know Your Customer) information, this is normal for crypto exchanges to stop any bad activity. This will often be called the “verification” process.

3. Fund your account

Next, you’ll need to add funds to your account using any of their deposit methods. For eToro there are many options such as bank transfer, PayPal, credit/debit card, and many more.

4. Buy crypto

Lastly, you’ll need to go to the “trade” section, this will differ for each exchange but it will usually have some variation of this.

It’s that easy! You’ve now got the tools to buy your first cryptocurrency with Elavon.

Buy Crypto With eToro

About Elavon

Over the last 25 year, they have has helped more than a million customers across the globe expand their businesses through payment. Flexible, secure and innovative solutions allow businesses to attract and retain customers, establish partnerships as well as process payments and streamline processes. They are the top airline provider and are a top five supplier for healthcare, hospitality retail, and education and public sector.

Elavon Inc., formerly NOVA is an online processing company for credit card transactions. It is an affiliate to U.S. Bancorp. Elavon provides merchant processing in more than 30 nations and meets the requirements of payment of more than 1,000,000 merchants all over the world. Elavon is the fourth most important U.S. credit card processor and is a top acquirer in the European market.

Then, in May of 2000 Nova Corporation and the Bank of Ireland announced the creation of the jointly-owned venture located in Dublin, Ireland, to be named EuroConex Technologies which would process payments via cards throughout Ireland and later all of Europe.

On May 1, 2001 U.S. Bancorp announced the acquisition of NOVA Corporation for $2.1 billion in cash and stock.

In 2004 NOVA made it clear that EuroConex would purchase Polish processor “CardPoint” from “Bank Zachodni WBK” which is owned by Allied Irish Banks, This decision allowed Bank Zachodni WBK to “sponsor” Euroconex’s activities in Poland.

NOVA announced agreements with Spanish Banco Santander, and the UK-based Alliance & Leicester, with 27,000 merchant accounts.

In April of 2004, Nova Corporation announced that it would purchase the remaining of EuroConex that it didn’t have through the Bank of Ireland for EUR40m.

The company was acquired in April of 2008. NOVA Information Systems was changed to Elavon.

In November 2019, Elavon announced that it was buying Sage Pay, the UK as well as the Irish Sage Pay business from Sage Group for PS232 million.