Vantiv’s OmniShield Assure and Vantiv Integrated Payments’ StoreCard Named Winners in 10th Annual Pay Awards
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CINCINNATI, Jan. 27, 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 two of its products have won major awards. Paybefore, a leading information provider to prepaid, mobile and emerging payments industry professionals, has selected Vantiv’s OmniShield Assure a 2016 Pay Awards winner in the Fraud Fighter category, as well as Mercury StoreCard in the Best Choice Retail Card category. For 10 years, Pay Awards has recognized excellence in the worldwide prepaid, mobile and emerging payments industry.
“We saw nominees from across the globe tackling payments problems with mastery and ingenuity,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “From Silicon Valley startups to established powerhouses, the winners in this year’s competition reflect a dynamic industry with no sign of slowing its pace of expansion and change. We’re proud to recognize the contributions of Vantiv and Vantiv Integrated Payments to advancing electronic payments.”
“We’re honored to be recognized by Paybefore for two of our most innovative products, OmniShield Assure and StoreCard,” said Royal Cole, group president financial institutions and merchant services at Vantiv. “These awards serve as a validation of our commitment to a seamless payment processing experience and dedication to innovation for our merchants and financial institutions alike.”
OmniShield Assure is a security bundle designed to assist in protecting consumer card data, significantly reduce the chance of counterfeit fraud and enhance payment processing security to help merchants with PCI 3.1 compliance requirements. Vantiv Integrated Payments StoreCard allows merchants to offer their customers rewards, gifts, and pay with a smartphone or plastic card. The card transforms a traditional gift card service into an industry-leading stored-value service, offering businesses a way to differentiate themselves from the competition and compete with national chains.
“Our customers have shown us that innovative products like Vantiv Integrated Payments’ StoreCard help them take their consumers’ experience to the next level,” said Matt Taylor, group president of integrated payments and emerging channels at Vantiv. “We’re constantly striving to provide solutions that create customer loyalty and simplicity, and we’re excited that the Paybefore judges recognized this.”
StoreCard and OmniShield Assure now will vie for Best-in-Category distinction, which will be announced during the Pay Awards ceremony on March 21 at the All Payments Expo. Visitors to www.Paybefore.com will have a chance to vote on Best in Category through Feb. 29. The outcome of this vote will be combined with the judging panel picks to determine Best-in-Category honorees.
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.
ABOUT Vantiv Integrated Payments
Vantiv Integrated Payments, a Vantiv company, (NYSE: VNTV), is simplifying business by partnering with software companies and technology services firms to embed payment processing in front and back office applications. Vantiv Integrated Payments 's commerce technology is integrated into a broad set of point of sale systems, reaching merchants through an extensive partner network of more than 3,000 point-of-sale software developers and value-added resellers. Vantiv Integrated Payments 's award-winning customer service and value-added solutions help merchants streamline their business and build revenue through simple to use commerce solutions. For more information, visit www.mercurypay.com.
Paybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of media properties includes: Paybefore.com; Pay News; Pay Gov; Pay Week; Pay Op-Ed; Pay Magazine, Pay Awards Magazine and a global payments directory, Pay Connect available online. Visit us at www.paybefore.com.
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