Vantiv, Inc. : Vantiv, Inc. : h.h. gregg Renews Processing Relationship with
Vantiv News Release
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
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
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This announcement is distributed by Thomson Reuters on behalf of Thomson
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
information contained therein.
Source: Vantiv, Inc. via Thomson Reuters ONE
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