2013-03-14 18:15:50 -
Bob Evans Extends Strategic Processing Relationship with Vantiv
Multi-Year Agreement Extends Nearly Decade Long Alliance with Family Friendly
Company Providing Credit and Gift Card Processing for 565 Restaurants in 19
Cincinnati - March 14, 2013 - Vantiv, Inc. (NYSE: VNTV), a leading provider of
services and related technology solutions for merchants and
financial institutions of all sizes, announced today that Bob Evans Farms, Inc.
(NASDAQ: 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."
To learn more about Bob Evans Farms, please visit www.bobevans.com. For more
information about Vantiv, please visit vantiv.com or on Twitter, Facebook,
LinkedIn, Google+ and YouTube.
Director of Public Relations for Vantiv
Director of Corporate Communications for Bob Evans Farms
About Bob Evans Farms, Inc.
Bob Evans Farms, Inc. owns and operates full- service restaurants under the Bob
Evans Restaurants brand name. At the end of the third fiscal quarter (January
25, 2013), Bob Evans Restaurants owned and operated 565 family restaurants in
19 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the
United States. Bob Evans Farms, Inc., through its BEF Foods segment, is also a
leading producer and distributor of refrigerated side dishes, pork sausage and a
variety of complementary convenience food items under the Bob Evans and Owens
brand names. Note that effective on February 16, 2013, Mimi's Café is no longer
owned by Bob Evans Farms, Inc. For more information about Bob Evans Farms, Inc.,
About Vantiv, Inc.
Vantiv, Inc. (NYSE: 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 ecommerce, mobile, prepaid
and information solutions, and attractive industry verticals, such as business-
to-business, government, healthcare and education. For more information, visit
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