CINCINNATI, May 16, 2016 — Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that it has been named a finalist in three categories for the 2016 Card-Not-Present (CNP) Awards: Best Processor, Best eCommerce Platform/Gateway and Best Payment Service Provider. The winners of the CNP Awards will be announced during the CNP Expo 2016, taking place May 23-26, 2016, at the Loews Royal Pacific Resort in Orlando, Fla.
“We’ve designed our eCommerce product family to provide exceptional value to our customers ‒ beyond helping them simply process payments ‒ by also offering add-on capabilities including fraud protection, security, data analytics and reporting, revenue growth and customer retention,” said Greg Worch, senior vice president of eCommerce sales at Vantiv. “We’re honored to be named finalists in these three categories as it demonstrates our commitment to providing a seamless eCommerce payments experience.”
The Best Processor award honors companies that most effectively respond to the special needs and requirements of merchants that operate online businesses. In this category, Vantiv eProtect was nominated as a complete eCommerce data security solution that provides online merchants with end-to-end data protection by removing sensitive cardholder data from their checkout pages and throughout their systems, storage and use.
For the Best eCommerce Platform/Gateway award, companies must effectively and safely connect consumers with merchants and merchants with acquirers, processors and issuers during purchase and authorization. As part of the Vantiv OmniShield family of protection solutions, Vantiv Fraud Toolkit allows merchants to select from one of three precise levels of service and protection — Basic, Advanced Best Practices and Advanced Custom — that best matches their specific fraud requirements.
The Best Payment Service Provider award recognizes companies that provide eCommerce and mCommerce merchants with the best merchant services and payment processing solutions. In this category, Vantiv Recovery’s Account Updating and intelligent Authorization Recycling technologies help organizations turn business-impacting declines into revenue-enhancing approvals.
Also at CNP Expo 2016, Vantiv’s Worch will be participating in the panel discussion, “Crossing the Rubicon: Selling Cross-Border in Europe,” being held on Wednesday, May 25, from 11:30 a.m.-12:15 p.m. EDT.
To learn more about Vantiv’s extensive portfolio of eCommerce payments solutions, visit vantiv.com/online-payments.
Vantiv, Inc. (NYSE: VNTV) is a leading payment processor differentiated by an integrated technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes, 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 second 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 channels and verticals, including integrated payments, eCommerce, and merchant bank. Visit us at www.vantiv.com, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.
Director, Public Relations