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04.08.2017 22:41:00

Vantiv's triPOS Cloud is now live for general availability

CINCINNATI, Aug. 4, 2017 /PRNewswire/ -- Vantiv Integrated Payments, a Vantiv company (NYSE: VNTV), and a provider of payments technology and processing services for small and medium-sized businesses (SMBs), announced today that triPOS Cloud, a cloud-based API for easier and faster payment processing in real time, is now live for general availability for all Independent Software Vendors (ISVs) and merchants to process their point-of-sale transactions. Vantiv will be featuring the product at RSPA's RetailNOW Aug. 6-9, 2017 at Paris Las Vegas.

Vantiv Integrated Payments logo

The cloud-based payment product is designed to provide leading edge capabilities to any software provider who is implementing payments functionality with the highest standards of safety and security on a host-based platform. triPOS Cloud is also designed to proactively help protect customer data via Vantiv's encryption and tokenization technologies, all designed with the flexibility to be used across today's modern software and hardware form factors.

Vantiv's triPOS Cloud simplifies the complexities of payments processing as well as developer implementation, allowing users to leverage the power of a more secured, flexible, and advanced payment solution that provides seamless updates and ease of integration.

The payments landscape continues to change as some payments companies are acquiring ISVs thereby vertically integrating. Vantiv maintains an open channel model with an open technology platform fostering broader innovation with a focus on not competing with ISVs and ensuring that merchants have more choice. By investing in technology Vantiv is focused on serving developers and resellers who want to create new solutions in emerging technologies.

"Vantiv is poised to be a leader in innovation in payments due to our open architecture model that focuses on investment in new technology, such as cloud platforms," said Matt Downs, head of channel and business development at Vantiv Integrated Payments. "triPOS Cloud is just another example of our strong commitment to the ISV market thereby creating some of the most powerful integrated solutions in the market."  

The payment integration tool offers a point-to-point encryption protocol and tokenization giving enhanced security through the checkout experience. Furthermore, triPOS Cloud runs entirely on the Microsoft Azure cloud platform and can be accessed anytime on any device with an internet connection.

"With the always present threat of data breaches, software developers rely on proactive solutions to help protect their customers' sensitive data," said Ryan McGee, director, Security Product Marketing, Microsoft Corp. "We are pleased that Vantiv has made a strong commitment toward security innovation and transparency, and, with the enterprise-grade security of Microsoft Azure, is addressing the rigorous security and privacy demands of customers."

ISVs can now effortlessly setup triPOS Cloud without focusing on the extraneous details of payments integration. Meanwhile, merchants can experience a robust and seamless payment solution to help solve their data security and EMV challenges with a simple activation process at the time of installation.

With triPOS Cloud, Vantiv expands its semi-integrated, point-of-sale offerings to partners implementing software-as-a-service (SaaS) or platform-as-a-service (PaaS). The product's features include recurring billing, BIN management, alternative payments, custom forms, and more. 

"We have searched extensively for the right cloud-based processing technology to integrate with Rain POS, our SaaS point-of-sale software," said Sean Roylance, president, Rain Retail Software. "triPOS Cloud is clearly the best solution available. Vantiv has done a fantastic job in applying the advantages of the cloud to payment processing."

Developers interested in learning more can visit the Vantiv O.N.E. triPOS experience web page: https://developer.vantiv.com/triPOS. Merchant businesses can contact Vantiv and get started on the road to integrated payments by visiting https://www.vantiv.com/get-started.

ABOUT VANTIV INTEGRATED PAYMENTS
Vantiv Integrated Payments is making payments smarter, faster and easier by partnering with software companies and technology service firms to embed payments processing in front and back office applications. Our commerce technology integrates into a broad set of point-of-sale systems, reaching merchants through an extensive partner network of thousands of point-of-sale software developers and value-added resellers. Our award-winning customer service and value-added solutions help businesses to streamline and build revenue through simple to use commerce solutions.

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 now the largest merchant acquirer and 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, B2B payments, and merchant bank. Visit us at http://www.vantiv.com/, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.

© 2017 Vantiv, LLC. All Rights Reserved. All trademarks, service marks and trade names referenced herein are the property of their respective owners. Vantiv and other Vantiv products and services mentioned herein as well as their respective logos are registered trademarks or trademarks of Vantiv, LLC in the U.S. and other countries.

CONTACTS
Adam Kiefaber
Leader, Corporate Communications
513-900-5097
Adam.Kiefaber@vantiv.com

Ian Wissman
Corporate Communication
513-900-5897
Ian.Wissman@vantiv.com

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SOURCE Vantiv, Inc.

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