Vantiv (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that CertusBank, N.A. has selected Vantiv as its exclusive provider of merchant debit and credit card processing services under a multi-year agreement.
CertusBank is a full-service, nationally chartered bank now resident in ten states. Headquartered in Greenville, S.C., the bank currently operates 32 branches in the Carolinas, Florida, and Georgia offering a full range of personal and business banking and lending solutions. The agreement expands the portfolio of merchant bank branches that Vantiv serves in the Southeastern United States.
"Our partnership with Vantiv will enable us to provide our commercial customers with the latest, most reliable credit and debit payment solutions in the market," said Walter Bridgeman, treasury and information management executive for CertusBank. "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 CertusBank has chosen Vantiv to provide merchant services to their commercial customers," said Donald Boeding, president of merchant services at Vantiv. "CertusBank provides dependable, responsible, smart and innovative solutions to their customers. Adding Vantiv's comprehensive merchant services program to their offerings will help CertusBank further grow revenue by deepening and expanding their commercial customer relationships."