Vantiv, Inc. : Vantiv First U.S. Acquirer to Complete MasterCard Requirements to Process EMV Transactions for Both ATM and Point-of-Sale Locations Vantiv News Release Vantiv^® First U.S. Acquirer to Complete MasterCard^® Requirements to Process EMV Transactions for Both ATM and Point-of-Sale Locations Single Integrated Processing Platform Continues to Enable Vantiv to Quickly Integrate New Technologies CINCINNATI- April 8, 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 was the first U.S. acquirer to complete MasterCard's testing requirements to process EMV transactions for MasterCard, Maestro and Cirrus brands at both ATM and at the point-of-sale locations. Vantiv's integrated processing platform continues to enable the Company to quickly integrate new technologies such as EMV. This, combined with Vantiv's comprehensive suite of payment solutions, represents the Company's continued investments in its core processing platform, emerging technologies and strong execution capabilities, which expand choice and acceptance options for merchants nationwide. "The liability shift program gives all parties a stake in applying the highest level of security to each transaction," said Mike Weitzman, group executive, U.S. Markets at MasterCard. "This milestone demonstrates Vantiv's commitment to ensuring their clients have a seamless experience as the industry goes through this transition. We will continue to work with Vantiv in preparing the groundwork to support smarter transactions today and drive future innovations." Vantiv's network drives nearly 13,000 ATMs for financial institutions across the United States, many of whom operate mixed-vendor fleets comprised of ATMs from NCR (NYSE: NCR) and other manufacturers. "We are proud to be the first U.S. acquirer to meet MasterCard's EMV requirements for these two key processing channels," said Carlos Lima, chief operating officer at Vantiv. "These efforts are a testament to our strengths in quickly implementing new payment technologies and compliance standards for our clients, which helps them stay ahead of the curve during industry transitions such as the EMV migration." Along with meeting MasterCard's EMV processing requirements, Vantiv has also been certified to process EMV transactions on the NCR APTRA(TM) Edge ATM software platform. Beginning in late April, Vantiv will deploy its EMV processing solution at People's United Bank. At that time, cardholders in the Greater New York Area will be able to conduct EMV transactions at selected ATMs operated by the bank. People's United Bank will be the first Vantiv client to provide EMV acceptance for their cardholders. "Vantiv continues to be a proactive, consultative partner in meeting all our ATM processing needs," said Ted Josephson, first vice president, product management and development at People's United Bank. "Their work to help us meet this milestone ahead of schedule is representative of their agile execution capabilities." As a leader in the payments industry, Vantiv is the only U.S. headquartered acquirer to serve on the Board of Advisors of EMVCoand theSmart Card Alliance EMV Migration Forum Steering Committee Board. The Company also participates as a key member of the Merchant Advisory Group's EMV Forum. Vantiv is the number one PIN debit acquirer in the United States and the third largest overall acquirer based on number of transactions^1. For more information about Vantiv, please visit vantiv.comor on Facebook, Twitter, LinkedIn, Google+, and YouTube. _____________________________________ ^* 1 The Nilson Report, Issue 1013, March 2013 ^* 2 By Revenue in 2011 CONTACTS: Andrew Ciafardini Director of Public Relations for Vantiv 513.900.5308 firstname.lastname@example.org Seth Eisen U.S. Communications for MasterCard 914.249.3153 email@example.com Jeff Dudash NCR Corporation 919.435.6976 firstname.lastname@example.org About MasterCard MasterCard(NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news. About NCR Corporation NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR's assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, gaming, public sector, telecom carrier and equipment organizations in more than 100 countries. NCR (http://www.ncr.com) is headquartered in Duluth, Georgia. 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. ### VNTV-Logo ------------------------------------------------------------------------------ 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#1690949
Vantiv, Inc. : Vantiv First U.S. Acquirer to Complete MasterCard Requirements to Process EMV Transactions for Both ATM and Point
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