CenPOS processes Level III Data with Vantiv for interchange optimization, helping business-to-business merchants drive down the cost of card acceptance. Merchants can now process commercial, business, and corporate purchasing cards while mitigating unnecessary downgrades.
Miami, FL (PRWEB) May 07, 2012
CenPOS, a fast-growing payment processing network, is now able to process Level III data through certification with Vantiv. CenPOS merchants can now process commercial, business, and corporate purchasing cards at the lowest cost.
Level III data processing is an important accomplishment for CenPOS, especially for merchants in the business-to-business environment. The interchange cost associated with business cards can be quite high for merchants if the needed data elements are not sent with the card clearing record. The CenPOS processing platform automatically identifies these card types and makes it easy for merchants to include the data needed; thus, mitigating unnecessary downgrades and reducing their card acceptance cost.
“We are really excited about helping our clients drive down the cost of their card acceptance. Our recent Level III Certification allows them to do just that,” said Jorge Fernandez, CEO, CenPOS. “Now CenPOS clients can clear their commercial, business and purchasing cards at the lowest interchange cost.” Continuing their commitment to innovation and development, CenPOS will be completing their Level III certification to other processing platforms in the upcoming weeks.
“Creating efficiencies through payment innovation”
Founded in 2009, Miami-based CenPOS is a payment technology provider. CenPOS is committed to providing its customers and partners with innovative solutions for today’s rapidly evolving consumer payment choices.
CenPOS is an intelligent payment processing network that streamlines the payment experience for businesses and consumers by using state-of-the-art technology to replace inefficient, outdated payment systems. The network reflects the core values that drive the experienced and innovative CenPOS team: Simplicity, Scalability, Security and a holistic approach to payment processing strategies.
CenPOS provides solutions to a range of organizations including but not limited to retail, card not present merchants, automotive dealers, professional services and academic institutions; special programs are also available for non-profits. Call us: (305) 630-7960, or toll free: (877) 630-7960.
Twitter: http://twitter.com/cenpos @CenPOS
About Vantiv, Inc.
Vantiv, Inc. is a leading, integrated payment processor differentiated by a single, proprietary technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S., 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 third 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 payment segments, such as prepaid, ecommerce, mobile and information solutions, and attractive industry verticals, such as business-to-business, government, healthcare and education. For more information, visit http://www.vantiv.com.
EDITORS NOTE: CenPOS sales contact Christine Speedy click here for more information.