On Milestone Anniversary – Vantiv Rings the NYSE Closing Bell as the #1 U.S. Merchant Acquirer

Vantiv marks its 5 year anniversary as a publically-traded company by ringing the closing bell at the NYSE and by being named top payment processor by transactions.

CINCINNATI, March 16, 2017 – Today, Vantiv marks its five-year anniversary as a publicly-traded company with the ringing of the Closing Bell at the New York Stock Exchange. CEO Charles Drucker – joined by some of Vantiv’s most passionate and dedicated team members – will ring the bell at 4:00 pm ET.

top acquirers in the U.S. 2016

Coinciding with this momentous occasion today, The Nilson Report will publish its annual U.S. Merchant Acquirer Rankings, which will show that Vantiv now processes more domestic debit and credit transactions than any other acquirer in the United States.

“This is the first time since 1996 in which a new company has come out on top based on this metric,” said David Robertson, publisher of The Nilson Report. “Congratulations to Vantiv on its success and its five-year anniversary.”

“I always say our success is our people,” said Charles Drucker, president and chief executive officer at Vantiv. “Over the last five years, we have grown dramatically and achieved many milestones thanks to our employees’ relentless hard work and winning attitude. Nilson’s new rankings – published at our five-year anniversary – clearly validates that we are on the right track with a bright future.”

For more information on the U.S. Merchant Acquiring Rankings, go to The Nilson Report, www.nilsonreport.com, one of the most respected sources of news and analysis of the global card and mobile payment industries.

Vantiv US EMV certified terminal solutions

Which US EMV certified terminals can be used with Vantiv today? Merchants have two choices, countertop terminal or multilane terminal. The latter is available only with CenPOS, a merchant centric end to end payment engine. On October 1, 2015, retail merchants that don’t support chip cards will be liable for counterfeit credit card fraud.

Vantiv announced a partnership with Ingenico in 2013, to distribute Ingenico EMV ready terminals. While Vantiv did not specifically state which terminals would be certified, the official PR from Ingenico includes, “The portfolio of Ingenico EMV certified devices includes iCT220 & iCT250 countertop terminals, and iWL220 wireless terminal.”

ict250 ingenico emv terminal

iCT250 ingenico emv terminal

To enable EMV at the merchant level, the following steps are needed:

  • Acquirer completes requirements to process EMV
  • Hardware (each terminal) certified to accept EMV
  • Hardware certified to acquirer
  • Gateway certifies hardware to acquirer (if applicable; required for all multi-lane terminals and integrated solutions)
  • Merchant account enabled for EMV

In May 2015, Vantiv announced, “Ingenico Group Adds Vantiv’s EMV-certified Application to Smart Terminals for Small- and Medium-sized Businesses“. Because every terminal is to individually certified, it’s unclear which terminals have been certified to date since they’re not specified, but the iCT250 is definitely on the list.

With CenPOS, Vantiv merchants can also use the Verifone MX 915, a multilane, signature capture terminal, and enable EMV immediately. To process transactions, merchants use a virtual terminal with a web browser and high speed internet, or optional integrated solution. Additional multi-lane terminal options will be available in the future, including the Ingenico ISC250.

verifone MX915 EMV terminal

Verifone MX915 multilane signature capture terminal

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. CenPOS is available globally. For additional information, contact Christine Speedy, 954-942-0483.

CenPOS Certifies for Level III Data Processing

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.

cenpos logo
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.
About CenPOS
http://www.cenpos.com/
“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.
LinkedIn: http://www.linkedin.com/company/820255
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.

CenPOS Network New Industry Certifications: T Tech Transactions Technologies and First Data Merchant Services

CenPOS, a fast-growing digital payment processing technology provider, has received certified status with T Tech, First Data Merchant Services and Vantiv. These industry certifications allow CenPOS to provide a robust array of payment solutions the company offers its clients.

Miami, FL (PRWEB) January 02, 2012

CenPOS, a fast-growing digital payment processing technology provider, has recently received certified status with T Tech and First Data Merchant Services; CenPOS recently received certification from Vantiv. These latest industry certifications place CenPOS in the technological forefront of the ever-changing payment process ecosystem and provide a robust array of payment solutions the company offers its clients.

T Tech Certification
T TECH offers a full suite of electronic check processing, check guarantee and ACH services allowing clients to streamline their processes and maximize their resources. As a result of the T TECH certification, CenPOS that will now be able to support both Check 21 and ACH transactions.

First Data Merchant Services Certification
First Data Merchant Services (FDMS) Certification to allows CenPOS the ability to support additional transactional sets. CenPOS is now able, through this certification to FDMS’ Nashville platform, to complete partial authorizations on prepaid cards, full authorization reversals on both debit and credit, and complete debit returns.

In April 2010, the Card Association mandated that acquirers must process partial authorizations and real- time reversals. Partial authorizations allow consumers with prepaid cards to zero out the balance on their cards. Real-time reversals require that merchants close out any pending authorization within a specific amount of time depending how the transaction was conducted.

About CenPOS
http://www.cenpos.com/
“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.

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cenpos logo

 

EDITORS NOTE:

  Call 954-942-0483 to reach Christine Speedy, CenPOS Global Sales

More CenPOS resources:

Youtube.com/3dmerchant
3Dmerchant.com/blog/category/cenpos/
CenPOS.com

CenPOS Certifies with Vantiv for Payment Processing Solutions

CenPOS, a fast-growing payment processing technology provider, announced it is now certified with Vantiv and can offer Vantiv payment processing tools to its customers.

logo cenpos

Miami, FL (PRWEB) October 25, 2011

CenPOS, a fast-growing payment processing technology provider, announced it is now certified with Vantiv and can offer Vantiv payment processing tools to its customers. CenPOS is an intelligent payment processing network that streamlines the payment experience for businesses and consumers by using state-of-the-art technology to reduce risk and replace inefficient, outdated payment systems. The CenPOS intelligent payment network dynamically routes transactions to assure the least risk exposure and least cost for the merchant.

The certification to Vantiv will provide a rich transactional set that will keep CenPOS ahead of the various requirements mandated by the card association and legislative reforms. Authorization reversals and partial authorizations for debit and prepaid are fully supported.

“Vantiv certification validates CenPOS technology and processes and allows us to focus on delivering to our clients a fully scalable and customized payment processing network that handles all transaction types and processes payments quickly, accurately, and securely,” said Jorge Fernandez, CenPOS President & Founder. “CenPOS provides a robust payment network that helps businesses minimize the risks and costs associated with accepting payments,” added Fernandez.

About CenPOS
http://www.cenpos.com
“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. CenPOS sales: Christine Speedy direct (954)942-0483, HQ  (305) 630-7960, or toll free: (877) 630-7960.

About Vantiv, LLC
Vantiv, LLC is one of the largest providers of payment strategies and technology solutions for financial institutions and businesses worldwide. Formed in 1971 and most recently known as Fifth Third Processing Solutions, LLC, the Company builds strategic partnerships with its customers, helping them become more efficient, more secure and more successful. Headquartered in Cincinnati, Ohio, Vantiv, LLC is a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB). For more information, visit http://www.vantiv.com