Vantiv Wins Best Processor at 2017 CNP Awards, eCommerce Analytics and Reporting Solution Cited

CINCINNATI, June 2, 2017 /PRNewswire/ -- Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and technology for merchants and financial institutions of all sizes, announced today that it has won the 2017 Card-Not-Present (CNP) Award in the Best Processor category as both a Judges Choice Award and Customer Choice Award recipient for the second year in a row—the first time a company has swept both those designations in a single category in successive years in the history of these awards. The Best Processor Award honors the company that most effectively responds to the special needs and requirements of merchants that operate online businesses.

"Winning the Best Processor Award—for the second year in a row, no less, and this time with our Vantiv iQ for eCommerce analytics and reporting solution—clearly demonstrates that our customers see the impact our value-added online payments products make in their businesses," said Greg Worch, Head of Enterprise Sales at Vantiv. "This is a tremendous honor that pays tribute to the deep expertise and hard work that our dedicated team of payments professionals brings to our customers every day."

Vantiv iQ for eCommerce provides unparalleled value to users by offering visibility into payments data, allowing users to measure the overall performance of their transactions. The unique iQ for eCommerce experience gives users extensive insights and analytics into their business not available anywhere else. Three distinct views—financial, operations, and chargeback management—help streamline costs, improve operational efficiency, and enhance revenue. On-demand reporting supports extensive drill-down, pivot, and expansion capabilities that help merchants analyze all facets of their payment transactions.   

"As eCommerce and mobile payments continue to grow, retailers have a growing array of companies—new and old—bringing new technologies to bear to meet the challenges of accepting card-not-present transactions," said D.J. Murphy, editor-in-chief and co-founder of CardNotPresent.com and the CNP Expo. "That range of potential partners is reflected in this year's CNP Awards. The CNP Awards have become the standard by which companies, programs, and services around the world are being recognized for excellence."

Vantiv is one of just two companies at this year's CNP Awards that were recognized by judges and customers as tops in the same category. The CNP Awards named two winners—Judges Choice and Customer Choice—in each of 12 categories. All Judges Choice winners were selected by a panel of independent experts chosen for their deep experience and professional reputations in payments and the card-not-present industry. The Customer Choice Awards were given in each category based on inputs from customers through an online voting process.   

Vantiv continues to find new ways to provide valued services to clients, like with its latest acquisition, Paymetric, adding B2B payments solutions to its catalog of services. To learn more about Vantiv's extensive portfolio of eCommerce payments solutions, visit vantiv.com/online-payments.

ABOUT VANTIV           
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 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.

© 2017 Vantiv, LLC. All rights reserved. All trademarks, service marks, and trade names referenced herein are the property of their respective owners. Vantiv and other Vantiv products and services mentioned herein as well as their respective logos are registered trademarks or trademarks of Vantiv, LLC in the U.S. and other countries.

CONTACTS 

Andrew Ciafardini
Corporate Communications & External Affairs
513-900-5308
[email protected]

Ian Wissman
Corporate Communications
513-900-5897
[email protected]

SOURCE Vantiv, Inc.

Related Links

http://www.vantiv.com