Vantiv, Bob Evans Extend Strategic Processing Relationship

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 Bob Evans Farms, Inc. BOBE has extended its strategic processing relationship with Vantiv with a new multi-year agreement for credit and gift card processing. Bob Evans Farms owns and operates 565 full-service restaurants in 19 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the United States. "Vantiv continues to demonstrate itself as a strong, consultative partner for our payments needs," said Dick Green, chief risk and compliance officer at Bob Evans Farms. "Each year we process millions of electronic payment transactions. Vantiv's scale and efficient technology platform make it a seamless experience. Our continued, long-term relationship with Vantiv is a result of their consistent commitment to superior customer service and innovation." Vantiv's integrated processing platform and single point of service provides Bob Evans Farms robust functionality for meeting their evolving payments needs.  The comprehensive suite of payment solutions offered by Vantiv represents its continued investments in its core processing platform, emerging technologies and strong execution capabilities, which expand choice and payment acceptance options for businesses like Bob Evans Farms. "We are proud to extend our relationship with Bob Evans," said Donald Boeding, president of merchant services at Vantiv. "Our primary focus is to provide our clients reliable, turnkey payment acceptance solutions while at the same time helping them deepen their relationships with customers through revenue generating solutions such as gift cards. Bob Evans is a prime example of how clients effectively use these value-added programs."