Vantiv Selected by Washington Federal for Merchant Services

Vantiv, Inc. VNTV, a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that Washington Federal WAFD, has selected Vantiv as its exclusive provider of merchant debit and credit card processing services under a multi-year agreement. Washington Federal, a full-service financial institution, operates 190 branches in eight western states, including Washington, Arizona, Idaho, Nevada, Oregon, Texas, Utah and New Mexico. The agreement expands the portfolio of merchant bank branches that Vantiv serves in the Western United States. "Our partnership with Vantiv will enable us to provide our commercial clients with the latest, most reliable credit and debit payment solutions in the market," said Simon Powley, Senior Vice President at Washington Federal. "We look forward to working with them to help merchants grow their businesses through more convenient and cost effective payment capabilities." Merchant services programs provide the ability for local businesses to accept various forms of payments such as debit cards, credit cards and gift cards across various platforms including at retail locations, online and with mobile devices.  The high levels of access and 24/7 support offered by Vantiv provides financial institutions a turnkey, integrated processing solution that can help their commercial customers meet their business goals.  And, with an advanced reporting tool, these merchant businesses can better plan and manage their bottom line. "We are pleased that Washington Federal has chosen Vantiv to provide merchant services to their commercial customers," said Donald Boeding, President of Merchant Services at Vantiv. "Washington Federal's strong commercial customer service, combined with our comprehensive portfolio of merchant services and scale processing, creates a cost-effective solution that helps Washington Federal further grow their commercial customer base."