News from the Wire

Vantiv enhances in-app support for Android Pay

Monday, September 26, 2016 — 12:21:48 (EDT)

Cincinnati, Sept. 26, 2016 -- Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, today announced support for developers to design solutions that make it easier for customers to purchase goods and services using Android Pay.

Vantiv has enhanced its Android Pay support for in-app payments based on eProtect™, an end-to-end payment security solution that helps merchants simplify integrations.

“Integrating Android Pay with Vantiv's solution, eProtect, will make it easier for even more businesses of all sizes, to further streamline their checkout experience by offering their customer a simpler, faster in-app payment experience," said Spencer Spinnell, director of business development at Google.

“We’re excited about our enhanced Android Pay support and close working relationship with Google,” said Bill Cohn, head of eCommerce products at Vantiv. “By leveraging eProtect, Vantiv reduces the integration effort for merchants, who get the highest level of security while avoiding the need to handle or decrypt the Android Pay Network Token issued by the card networks. Merchants using Android Pay with our eCommerce platform can also take advantage of Vantiv iQ, our reporting and analytic solution, as well as our other value-added services.”

Vantiv also unveiled additional Android Pay offerings tailored to mobile application developers.

• The Mobile Accelerator Program for Android Pay from Vantiv – a fast-track program aimed at helping merchants and ISVs already processing with Vantiv deploy Android Pay.

• The Vantiv O.N.E. Developer Community for Google’s mobile payment products– a comprehensive set of technical and support resources making it easier for all developers to build mobile-friendly payment applications. This is part of the TechTribe feature on Vantiv O.N.E.

• Vantiv O.N.E. TechLift – dedicated personalized payments expertise which is now extended to include services specific to Android Pay.

Android Pay and mobile payments are key focus areas for Vantiv with the Vantiv O.N.E. Google community giving Android developers a place to get expert assistance related to payments to help them go to market faster.

Join Google’s Steve Klebe and Tony Rose, who leads emerging product initiatives at Vantiv, on an interactive webinar as they explore how Google’s mobile payment product, Android Pay, helps to drive changes to shopping patterns and delivers a superior checkout experience. The webinar is October 5th at 1:00 Eastern Daylight Time. Click here to register.

Membership to the Vantiv O.N.E. Google Community is free and open to developers across the payments spectrum, including enterprise businesses, eCommerce, integrated payments, mobile, point-of-sale, and payment facilitators. You can learn more about Vantiv’s Android Pay offerings by registering for a free Vantiv O.N.E. account at developer.vantiv.com and visiting the Vantiv Google community.

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 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.

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release.