Vantiv, Inc. : Vantiv, Inc. : Vantiv Expands Prepaid Functionality and
Vantiv News Release
Vantiv Expands Prepaid Functionality and Distribution Channels
Company Introduces New International, Bill Pay, Reload, Alert and Direct
Vantiv Expands Prepaid Distribution Through New Multi-Year Agreement with
Dittman Incentive Marketing
Company to Showcase its Prepaid Advancements at the 8^th Annual Prepaid Expo
USA in Orlando, Fla.
Cincinnati - Feb. 27, 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 it has introduced
new functionality for its prepaid processing platform and has expanded its
sales channels for small to mid-sized business customers through a new
distribution partnership with Dittman Incentive Marketing.
"We continue to advance the capabilities of our prepaid programs to meet the
evolving needs of our customers," said Bill Weingart, chief product officer at
Vantiv. "Our new prepaid card capabilities provide even more functionality for
customers, including international usage, bill pay, real-time alerts, direct
deposit features, and the ability to reload them at thousands of Mastercard^®
The new prepaid card capabilities complement an already robust Vantiv prepaid
platform, which launched in early 2011. Like all Vantiv card programs,
Vantiv's prepaid card products are safe and secure, utilizing comprehensive
controls on fraud monitoring, and full cardholder customer service support.
Design features and account activation are easily managed through Vantiv's
secure management portal and 24/7/365 bilingual call center.
In addition to the expanded platform, Vantiv has also partnered with Dittman
Incentive Marketing to help extend its sales and distribution of prepaid cards
in the small to mid-sized business-to-business segment.
"By aligning with Dittman, we are able to reach even more businesses seeking
prepaid solutions," said Weingart. "Dittman's focus on providing robust
incentives, recognition, and rewards programs that help companies motivate
sales people, employees, partners, and customers is a great way to use prepaid
cards, and Vantiv is excited about the value we can provide together."
Dittman is a leading provider of web-based Incentive, Recognition and Reward
programs that help companies increase loyalty and attract new business.
"Vantiv has quickly established itself in the prepaid segment," said Dave
Dittman, executive vice president at Dittman. "By combining Dittman's
proprietary web-based ordering platform with Vantiv's robust fulfillment
service, small and mid-sized business customers now have access to a
first-class prepaid solution."
Vantiv will be showcasing its comprehensive suite of prepaid solutions at
booth #106 at the 8^th Annual Prepaid Expo USA in Orlando, Fla. from March
4-6, 2013. Ed Paciolla, vice president for prepaid products at Vantiv, will be
a key panelist at the GPR: Engage Customers for the Reloadable Long Haul -
Bubbling Opportunities for the Banks session on Tuesday, March 5^th at 12:00
pm ET. The session will occur in ballrooms Celebration 9 and 10. More details
about the Prepaid Expo USA can be found at
For more information about Vantiv's prepaid programs, please visit
vantiv.com/Products/Prepaid or on Twitter, Facebook, LinkedIn, Google+, and
YouTube. To learn more about Dittman Incentive Marketing, please visit
Director of Public Relations for Vantiv
About Dittman Incentive Marketing
For more than 35 years, Dittman Incentive Marketing has been an award-winning,
quality leader in providing incentives, recognition, and rewards programs to
help companies realize immediate ROI in motivating sales people, employees,
channel partners, customers, and consumers. Dittman's signature products and
services include: TotalPRO® (Performance Recognition Online) - an incentive,
recognition and rewards online software solution (SaaS), and Deluxe Group
Incentive Travel. For more information, visit www.dittmanincentives.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.
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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
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