2013-02-22 17:02:40 -
h.h. gregg(TM) Renews Processing Relationship with Vantiv
Vantiv to Provide Credit and Debit Card Processing for 228 Stores and eCommerce
Transactions under Multi-Year Extension
Cincinnati - Feb. 22, 2013 - Vantiv, Inc. (NYSE: VNTV), a leading provider of
payment processing services and related technology solutions for merchants and
financial institutions of all sizes, announced today that h.h. gregg, Inc.
(NYSE: HGG) has extended its payment processing relationship with Vantiv with a
new multi-year agreement for credit and debit card processing at its 228 stores
and for its eCommerce transactions.
Vantiv's integrated processing platform and single point
of service provide h.h.
gregg 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 acceptance options for
h.h. gregg and other leading retail merchants.
"h.h. gregg focuses on ensuring their customers have a seamless shopping
experience from entering the store to the point of sale and beyond," said Donald
Boeding, president of merchant services at Vantiv. "Part of that process is
making certain that they can execute every payment transaction securely and
efficiently. Our robust processing platform and value-added services provide
h.h. gregg the enhanced functionality with which to meet these expectations and
further expand consumer payment options."
Operating under the names h.h.gregg(TM) and Fine Lines(TM). h.h.gregg operates
228 stores in Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky,
Louisiana, Maryland, Mississippi, Missouri, New Jersey, North Carolina, Ohio,
Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia and Wisconsin.
Vantiv processes for 8 of the top 25 retailers(1) in the United States, and is
the largest PIN debit acquirer based on number of transactions in the U.S.
To learn more about h.h. gregg, please visit www.hhgregg.com. For more
information about Vantiv, please visit vantiv.com or on Twitter, Facebook,
LinkedIn, Google+, and YouTube.
(* 1 )By Revenue in 2011
Director of Public Relations for Vantiv
About h.h. gregg
h.h. gregg is a specialty retailer of home appliances, televisions, computers,
consumer electronics, home entertainment furniture, mattresses, fitness
equipment and related services operating under the name h.h. gregg(TM). h.h.
gregg currently operates 228 stores in Alabama, Delaware, Florida, Georgia,
Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New
Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia,
West Virginia, and Wisconsin. For more information, visit www.hhgregg.com.
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
© 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. ® indicates USA
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Source: Vantiv, Inc. via Thomson Reuters ONE