Element Unveils New EMV Feature for its triPOS Solution at TRANSACT 15

Element Unveils New EMV Feature for its triPOS Solution at TRANSACT 15

triPOS named a finalist for the ETA Integrated Payments Solution Award

Company providing critical security solutions to help ISVs and small businesses stay secure

SAN FRANCISCO, March 31, 2015 - Element Payment Services, a Vantiv company VNTV and a provider of payments technology and services for small and medium-sized businesses (SMBs), today announced that it will showcase the newest feature of its triPOS payment processing application at ETA's TRANSACT 15 expo in San Francisco. Now with EMV support, the P2P enabled triPOS and Element's Express processing gateway provide software developers a single, simplified integration that helps to remove business software applications from PCI scope. triPOS, a finalist for the ETA Star Awards Integrated Payment Solutions category, is compatible with a comprehensive suite of hardware devices and will be demonstrated during TRANSACT 15, March 31 - April 2, at Vantiv Booth #1007.

"The addition of EMV support for triPOS ensures ISVs and small businesses can easily meet the October EMV deadline," said Coy Christensen, vice president, product management at Element. "What makes triPOS stand out is that it can support new hardware and new standards through software updates that do not require additional coding. This allows us to quickly deliver security and EMV into merchant environments; without it, many merchants may not choose to integrate EMV at all."

With the rapidly approaching liability shift coming in October 2015, it is critical to begin enabling EMV now. Merchants with integrated point-of-sale systems face unique challenges not encountered by merchants who use only standalone terminals. By using Element solutions, an ISV will be able to activate EMV transactions through a simple configuration option within triPOS without having to develop any additional code.

"We know the liability shift can be confusing to merchants and developers, so we strongly urge everyone to evaluate their EMV needs now," added Christensen. "Our payments experts at Element can help ISVs and merchants quickly identify and implement the right solution."

Element's comprehensive payment solutions meet the needs of PC, tablet and browser based developers as well as electronic cash registers. A one-time triPOS integration enables a wide range of POS hardware, including simple PIN Pads, multilane devices, and even devices not yet created.

The addition of EMV support for triPOS is part Vantiv's overall focus to help each of its more than 500,000 merchant locations, 1,400 financial institutions and 900 developer partners enable EMV and other important security tools. For more information on triPOS, please visit http://www.elementps.com/Products-and-Services/triPOS

CONTACTS:
Lori Stafford-Thomas
Director, Public Relations
970-335-4904
lori.stafford-thomas@vantiv.com

Beth Sullivan
Manager, External Communications
513-900-4212
elizabeth.sullivan@vantiv.com

About Element Payment Services
Headquartered in Chandler, Arizona, Element Payment Services, Inc., a Vantiv Company VNTV, is an industry leading software company that develops PCI DSS compliant technology designed to secure the processing, transmitting, and storing of payment card related data. Element's technology is deployed through partnerships with Point of Interaction (POI) hardware vendors and business management software providers. Engineered using service-oriented architecture, Element's Express Processing Platform allows for easy integration and supports advanced technologies including tokenization and point-to-point encryption. For more information visit http://www.elementps.com/

About Vantiv, Inc.
Vantiv, Inc. 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. For more information, visit www.vantiv.com.

© 2015 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
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