CINCINNATI, Aug. 9, 2012 /PRNewswire/ -- Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announces the introduction of its new mobile payment app Vantiv Mobile Accept. The simple to use, yet powerful app enables any merchant to bring Vantiv's powerful payment engine to the palm of their hand, wherever they go. Merchants can use Vantiv Mobile Accept on their mobile devices to quickly and securely swipe any U.S. issued credit, debit or prepaid card for transaction processing. This innovative solution was built upon Vantiv's 40 years of payment processing experience, serving more than 400,000 merchant locations and $426 billion in annual transaction volume and backed by Vantiv's world class 24/7 customer service support.
"Vantiv's intuitive and powerful approach to mobile payment processing is an extension of our core services backed by the great support customers expect from Vantiv," said Bill Weingart, Chief Product Officer at Vantiv. "We are extremely excited to offer Vantiv Mobile Accept and believe this is a product our merchants will find both valuable and simple to use to grow their business."
Vantiv Mobile Accept is ideal for any small to mid-sized merchant in retail or consumer services or any merchant with a need to process transactions on a mobile device. It offers several benefits including:
- Encrypted device reads up to two tracks of information with a single swipe in either direction, providing superior security and reading performance
- Dedicated customer service support available to handle inquiries by phone and email
- User-friendly interface allows merchants to easily email receipts, review previous transactions and credit or void transactions
- Trusted & powerful payment processing platform
With the transaction confidence of Vantiv Mobile Accept, merchants now have the power to conduct business anywhere.
About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV) is a leading, integrated payment processor differentiated by a single, proprietary technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S., enabling them to address their payment processing needs through a single provider. We build strong relationships with our customers, helping them become more efficient, more secure and more successful. Vantiv is the third largest merchant acquirer and the largest PIN debit acquirer based on number of transactions in the U.S. The company's growth strategy includes expanding further into high growth payment segments, such as prepaid, ecommerce, mobile and information solutions, and attractive industry verticals, such as business-to-business, government, healthcare and education. For more information, visit www.vantiv.com.
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Lynn M. Rhoads, Senior Vice President
SOURCE Vantiv, Inc.