2013-03-06 14:34:08 -
Washington Federal Selects Vantiv for Merchant Services
Agreement Further Expands Vantiv's Merchant Services Program to 190 New
Locations in the Western United States
Cincinnati - March 6, 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 Washington Federal
(Nasdaq: 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."
To learn more about Washington Federal, please visit washingtonfederal.com. For
more information about Vantiv, please visit vantiv.com or on Twitter, Facebook,
LinkedIn, Google+ and YouTube.
CONTACTS:
Andrew Ciafardini
Director of Public Relations for Vantiv
513.900.5308
andrew.ciafardini@vantiv.com
Cathy Cooper
Marketing Communications for Washington Federal
206.777.8246
cathy.cooper@wafd.com
About Washington Federal
Washington Federal, with headquarters in Seattle, Washington, has 190 offices in
eight western states. To find out more about the Company, please visit its
website at www.washingtonfederal.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
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. ® indicates USA
registration.
###
Vantiv Wordmark Logo:
hugin.info/155695/R/1683266/550848.jpg
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Vantiv, Inc. via Thomson Reuters ONE
[HUG#1683266]