CINCINNATI, March, 28, 2017 /PRNewswire/ -- Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and technology for merchants and financial institutions of all sizes, and Gold level member of Oracle PartnerNetwork (OPN), today announced it has achieved Oracle Validated Integration of the company's eCommerce services with Oracle E-Business Suite 12.2.
To achieve Oracle Validated Integration, Oracle partners like Vantiv are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.
According to Greg Worch, head of eCommerce at Vantiv, 'Our integration with Oracle E-Business Suite makes it easy for Oracle E-Business Suite customers to securely accept credit and debit card payments. Benefits to customers include lower processing costs with a direct processor connection and no gateway fee, reduced PCI DSS scope, and support for business-to-business Level II and Level III card processing, which allows organizations to qualify for lower interchange rates.'
'Achieving Oracle Validated Integration provides our customers with assurance that the integration between Vantiv's eCommerce services and Oracle E-Business Suite is functionally sound and performs as tested,' said David Hicks, vice president, Worldwide ISV, OEM, and Java Business Development at Oracle. 'For solutions deployed on-premises, in the cloud, or both, Oracle Validated Integration applies a strict technical review and test process that helps to reduce deployment risk and improves the user experience of the partner's integrated offering.'
Vantiv, Inc. (NYSE: VNTV) is a leading payment processor differentiated by an integrated technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes, 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 now the 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 channels and verticals, including integrated payments, eCommerce, and merchant bank. Visit us at vantiv.com
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About Oracle Validated Integration
Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of a complementary partner software product with an Oracle 'on-premises' Application has been validated and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations and partners who successfully complete the program are authorized to use the 'Oracle Validated Integration' logo. For more information, visit Oracle.com
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle's products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program - an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners
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© 2017 Vantiv, LLC. All Rights Reserved. All trademarks, service marks, and trade names referenced herein are the property of their respective owners. Vantiv and other Vantiv products and services mentioned herein as well as their respective logos are registered trademarks or trademarks of Vantiv, LLC in the U.S. and other countries.
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SOURCE Vantiv, Inc.