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|Vantiv Wins Best Processor Judges Choice and Customer Choice 2016 CNP Awards|
Company's Vantiv eProtect solution cited for product excellence
CINCINNATI, May 27, 2016 - Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that it has won the 2016 Card-Not-Present (CNP) Award in the Best Processor category as both a Judges Choice Award and Customer Choice Award recipient.
Vantiv is one of just two companies at this year's CNP Awards that were recognized by both judges and customers as tops in a single category.
The Best Processor award honors companies that most effectively respond to the special needs and requirements of merchants that operate online businesses. Vantiv eProtect was cited as a complete eCommerce data security solution that provides online merchants with end-to-end data protection by removing sensitive cardholder data from their checkout pages and throughout their systems, storage and use.
"It's always very gratifying to be acknowledged with an award, especially by your customers," said Royal Cole, group president of Merchant and Financial Institution Services at Vantiv. "Winning the Best Processor award with our Vantiv eProtect offering is a great validation of our approach to provide our customers with value-added online payments products that make a real difference in their businesses."
"As card-not-present payments become increasingly integrated into mobile and omnichannel strategies, the complexity has opened the door even wider for bad actors seeking to steal personal information from consumers and leverage it for fraud," said Steve Casco, founder of CardNotPresent.com and the CNP Expo. "The CNP Awards continue to represent the very best the world has to offer supporting card-not-present payments."
The CNP Awards named two winners in each of 12 Categories: Judges Choice and Customer Choice. All Judges Choice winners were selected by a panel of independent evaluators chosen for their deep experience and reputation in payments and the card-not-present industry. The Customer Choice Awards were given in each category based on inputs from customers through an online voting process.
The winners of this year's CNP Awards were announced at a ceremony this week as part of the 2016 CNP Expo at the Loews Royal Pacific Resort in Orlando, Fla.
To learn more about Vantiv's extensive portfolio of eCommerce payments solutions, visit vantiv.com/online-payments.
© 2016 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.