Vantiv Supports Apple Pay

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Vantiv Supports Apple Pay

Nation's Third Largest Merchant Acquirer Driving Payments Innovation

CINCINNATI, Sep. 9, 2014 - Vantiv, Inc. VNTV, a leading provider of payment processing services and related technology solutions for financial institutions and merchants of all sizes, announced today it is supporting Apple Pay (TM), Apple's new NFC payment solution for the iPhone® 6 and iPhone 6 Plus.

"As a trusted payments advisor, Vantiv is ready to help our merchant and financial institution clients and our thousands of partners to quickly enable Apple's new payment solution," said Daniela Mielke, chief strategy and product officer at Vantiv. "The new system will provide an innovative mobile payment option in-app and at the point-of-sale, which will enhance the way consumers purchase goods."

Vantiv, the nation's third largest acquirer and number one PIN debit processor, processes for over 1,400 financial institutions and over 400,000 merchant locations, including many of the largest retailers noted in Apple's announcement today. Further, Vantiv's scale technology platform and extensive product capabilities at the point-of-sale enable merchants of all sizes to take advantage of innovative technologies like Apple Pay.

"Mobile payments have the potential to increase consumer adoption of electronic transactions relative to cash and check, which is good for the payments industry and for Vantiv," continued Mielke. "Providing a great customer payment experience will further accelerate this adoption, increasing the size of the total addressable payments market and potentially benefitting same store sales for merchants."

Current and future Vantiv clients benefit from state-of-the-art products, value-added services, and exceptional 24/7 customer service. Additionally, advanced security products - including tokenization and point-to-point encryption - as well as robust reporting tools provide Vantiv clients with new levels of security and information that can help them run their businesses more securely, efficiently and effectively.

For more information about Vantiv, please visit vantiv.com or on Twitter, Facebook, LinkedIn, Google+ and YouTube.

CONTACT:
Andrew Ciafardini
Director, Corporate Communications
513.900.5308
andrew.ciafardini@vantiv.com

About Vantiv, Inc.
Vantiv, Inc. VNTV 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 integrated payments, payment facilitation (PayFacTM), mobile, prepaid and information solutions, and attractive industry verticals such as business-to-business, ecommerce, healthcare, gaming, government and education. For more information, visit www.vantiv.com.

© Copyright Vantiv, LLC.  All rights reserved.  Vantiv, the Vantiv logo, and all other Vantiv product or service names and logos are registered trademarks or trademarks of Vantiv, LLC in the USA and other countries.  Apple, the Apple logo, Mac, Mac OS, Macintosh, Apple Pay, iPhone, Touch ID, iTunes Store, Apple Watch and App Store are trademarks of Apple. Other company and product names may be trademarks of their respective owners.® indicates USA registration.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vantiv, Inc. via Globenewswire

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