Vantiv payment processing services and related technology solutions announced Patty Walters, senior vice president of merchant products and security at Vantiv, will serve as a key participant at the Electronic Transactions Association’s (ETA) 2013 Annual Meeting and Expo in New Orleans, Louisiana. Walters will moderate the panel EMV is Coming, What ISOs Need to Know on Wednesday, May 1 at 4:00 p.m. CT in Session Room 2. With more than 25 years of experience, Walters is a widely recognized payments industry veteran specialized in EMV, PCI and terminal security issues. She serves on the EMVco Board of Advisors and the Smart Card Alliance EMV Forum Steering Committee.
NPC, a Vantiv subsidiary has signed a new long term preferred provider ISO contract with Strategic Payment Systems (SPS) for the provision of debit and credit card processing services to merchants. NPC additionally arranged long term financing for SPS. Strategic Payment Systems provides support to ISOs of all sizes with innovative products and new marketing approaches while its leadership team expanded its relationship with NPC to position itself for growth and innovation in the payments industry. SPS recognizes the value of the capabilities and expertise that NPC brings to meeting the unique capital and payment processing needs of experienced ISOs and sales agents.
PayAnywhere mobile POS solutions added two payments industry professionals to its leadership team, including Carl Williams and Ed Myers, as managing directors, advising the company on new acquisitions, partner development, domestic and international market expansion. Carl Williams’ career in financial services spans 30 years and includes his role as president of worldwide payment processing at Global Payments (GPN). Ed Myers also brings more than 30 years of financial services experience to PayAnywhere, most recently serving as president of U.S. operations at Global Payments.
VeriFone Systems announced certification of its EMV/NFC-enabled payment processing solution from Vantiv payment processing services and related technology solutions for merchants and financial institutions.The two companies have cooperated on certification of the VeriFone Evolution payment platform for EMV payments. Each device in the VX Evolution family offers advanced technology capabilities including NFC, EMV, tighter security with PCI PTS 3.0, higher-level performance and the ultimate in reliability, all on the proven VX platform. With VeriFone’s ongoing EMV and security compliance services, merchants can rest assured in their ability to meet evolving requirements.
ROAM Data encrypted mobile card readers and mCommerce platform-as-a-service provider has launched its “G3X” secure mobile card reader. The “G3X” is ROAM’s third generation mobile reader and supports hundreds of devices, from iOS, Android and Blackberry, to PCs and Macs. This lets Merchant Service Providers compete with the best technology for a whole new segment of mobile merchants and small merchants previously untapped, a market that companies like Square are aggressively pursuing. ROAM has sold more than 400,000 mobile reader units to Intuit, North American Bankcard, Sage Payments, NPC, Total Merchant Services, First Data, Chase Paymentech, Global Payments and others.
Vantiv payment processors announced three credit unions have signed contracts for single-sourced comprehensive electronic processing services. The services include ATM and debit card transaction processing, card production, gateway services, rewards and debit portfolio management. The credit unions include First U.S. Community Credit Union; Fort Worth Community Credit Union and USSCO Johnstown Federal Credit Union. Vantiv’s product suite also includes ATM terminal driving and monitoring, ATM and debit card transaction authorization and processing, credit issuing and processing services, national and regional gateway services, comprehensive ancillary services including fraud detection, card production, Rewards! product, and other consultative services.
ROAM Data mCommerce platform, which extends both physical POS and eCommerce to the mobile environment, announced its “ROAMpay” swipe product will be distributed by its partner Intuit through Verizon Wireless’s 2,300 retail stores. ROAM Data encrypted mobile card readers in the world and supplies solutions for companies like Intuit, North American Bankcard, Sage Payments, NPC, Total Merchant Services, and others. ROAM also provides a full turnkey mobile card acceptance solution from peripheral to app to provisioning and support portal that can be white labeled for its partners. It also has a set of tools for developers to build secure POS apps and mobile checkout apps of their own.
Wyoming-based Bank of Commerce (BOC) has signed a contract with Vantiv for comprehensive electronic transaction processing services. With this, Vantiv will provide single-sourced services that include Debit Portfolio Management, “Prewards,” debit processing and ATM driving. Prewards is a merchant funded rewards program which customers will find very beneficial. It is a simple, easy way for customers to be rewarded automatically through the use of their BOC Debit Card. Vantiv’s product suite also includes ATM terminal driving and monitoring, ATM and debit card transaction authorization and processing, credit issuing and processing services, national and regional gateway services and comprehensive ancillary services, including fraud detection, card production, rewards programs and other consultative services.
Fifth Third Processing Solutions payment processor has adopted a new brand, name and logo to Vantiv. Vantiv will continue to leverage its strong partner relationships and enhance investments in its best-in-class system platform, products and customer service. The new brand signals the company’s long-term commitment to product development, innovation and growth. This includes added investment in areas such as eCommerce, mobile payment technology, pre-paid debit, fraud and security prevention and other emerging payment opportunities. The Vantiv brand will evolve over time across different parts of the company and continue to operate from the Greater Cincinnati, Ohio area.
NAFCU Services Corporation, a wholly owned subsidiary of the National Association of Federal Credit Unions, has extended an agreement with Fifth Third Processing Solutions as its exclusive preferred partner for electronic funds transfer (EFT) services including ATM and debit card processing, terminal driving, network gateway transaction processing and credit card processing and servicing. Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world.
National Processing Company (NPC), a Fifth Third Processing Solutions has recently entered into a multi-year Independent Sales Organization (ISO) contract renewal with COCARD Marketing Group for the provision of debit and credit card processing services to merchants. Offering a collective approach and an unequaled exit strategy to their partners, COCARD Marketing Group, has charted a proven course to provide bank card professionals a way to achieve greater success by leveraging buying power and competitive pricing. COCARD recognizes the value of the combined capabilities and expertise that Fifth Third Processing Services Solutions and NPC bring to meeting the unique payment processing needs of experienced sales agents and ISOs.
Merchant Warehouse merchant accounts and credit card processing solutions partnered with CurveNorth to launch an online application process allowing agents to sign merchants up for accounts in real-time, without the hassle of paper faxes. Through the demonstration, CB App Express will show agents in the field how to maximize their time when working with customers. The merchant simply completes the application online (currently iPad compatible), signs the document electronically and once the merchant confirms receipt of the completed application, it is submitted to be processed. Merchant Warehouse offers secure payment processing solutions and merchant account services to merchants and partners nationwide.