Global payments processor Vantiv is one of only two companies in this year’s CNP Awards to nab the Judges Choice and Customer Choice Awards in the same category. Both the independent panel of judges and customers in an online vote chose Vantiv as Best Processor.
The Cincinnati-based company’s comprehensive, fully integrated payment processing platform has been available since 2012 and incorporates the latest generation in hardware, software, and systems technology to drive innovation and leadership in the payments industry. Vantiv currently serves more than 4,800 customers.
Vantiv says its iQ for eCommerce is a robust and feature-rich solution for merchants of all sizes to help manage their business. Those currently using this solution include online retail, direct response, and subscription/recurring products and services, as well as nonprofits and membership associations.
The company says its processing solution provides visibility into payments data, allowing users to measure the overall performance of their transactions. Three distinct views—financial, operations, and chargeback management—are intended to help streamline costs, improve operational efficiency, and enhance revenue, Vantiv says. On-demand reporting supports extensive drill-down, pivot, and expansion capabilities that help merchants analyze all facets of their payment transactions, according to the company.
In addition, the solution is designed to provide a window into business operations through its rich and granular data, powerful analytics, time-saving workflow tools, flexible viewing and delivery options, and revealing performance reports. It also streamlines payment operations, allowing users to gain insightful decision support and strategic advantages for operating their business, according to Vantiv.