Vantiv, Inc. : Dillard's Renews Processing Relationship with Vantiv
Vantiv News Release
Dillard's Renews Processing Relationship with Vantiv
Multi-Year Extension with One of the Nation's Largest Fashion Apparel & Home
Retailers Includes Credit, Pin Debit, eCommerce and Pay in Your Currency
CINCINNATI, July 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 Dillard's, Inc.
(NYSE: DDS) has extended its processing relationship with Vantiv with a new
multi-year agreement for credit, PIN debit, eCommerce and Pay In Your
Currency^® processing for 283 Dillard's locations, 18 clearance centers, and
at Dillards.com. Dillard's is one of the nation's largest fashion apparel and
home furnishing retailers that focuses on delivering fashion and value to its
shoppers complemented by exceptional customer care.
"We are proud to work with one of the largest apparel and home furnishing
retailers in the United States," said Donald Boeding, president of merchant
services at Vantiv. "The extension of our relationship with Dillard's
highlights Vantiv's commitment to strong customer service and to providing a
secure and reliable payment experience for consumers across payment channels."
Vantiv's consultative approach to client service and its value added
processing solutions provide Dillard's customized services that seamlessly
support their point-of-sale and eCommerce processes and infrastructure.
Utilizing the Vantiv platform, Dillard's is able to process payments
securely, quickly and efficiently, while letting customers pay with the credit
or debit card of their choice both in store and online.
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 customers of Dillard's and other large retailers.
Vantiv processes for 8 of the top 25 retailers^1 in the United States with
volumes weighted towards non-discretionary, everyday spend categories, and is
the largest PIN debit acquirer^2 based on number of transactions in the U.S.
For more information about Vantiv, please visit vantiv.com or on Twitter,
Facebook, LinkedIn, Google+ and YouTube.
^1 By revenue in 2012
^2 The Nilson Report, March 2013 Issue
Director of Public Relations
Dillard's, Inc. is one of the nation's largest fashion apparel and home
furnishing retailers. The Company's stores operate with one name, Dillard's,
and span 29 states. Dillard's stores offer a broad selection of merchandise,
including products sourced and marketed under Dillard's exclusive brand names.
For more information about Dillard's, Inc. please visit www.dillards.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,
payment facilitation (PayFac^TM), mobile, prepaid and information solutions,
and attractive industry verticals, such as petroleum, business-to-business,
government, healthcare, gaming 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
# # #
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
Press spacebar to pause and continue. Press esc to stop.