Capital One Bank and Vantiv’s Partnership Offers Improved Merchant Payment Solutions

Capital One Bank has inked a long-term agreement with Vantiv, Inc, a provider of payment processing services and related technology solutions for financial institutions and merchants, to offer a full suite of payment solutions to the bank’s Merchant Services customers.

Capital One Bank’s Merchant Services program is known for providing solutions that promote long-term business sustainability and growth.

With the new partnership, new and existing Merchant Services clients will now have access to Vantiv’s industry leading payment solutions and services, as well as advanced security products and reporting tools. Customers also continue to benefit from Capital One’s treasury management and merchant ACH transaction services.

Stephanie Ferris, SVP and General Manager of Merchant Services for Financial Institutions at Vantiv, commented, “The next generation of payments enables everything from traditional stand-alone terminals to fully integrated software systems able to take payments seamlessly and securely. It also enables those payments to be taken the way the Capital One merchant’s customers want to pay – online or offline, mobile, etc.”

The new deal is an expansion of Vantiv’s long relationship of delivering debit, ATM services, and merchant processing to Capital One’s banking customers.

“By partnering with Vantiv, Capital One’s clients will now benefit from Vantiv’s industry-leading payment tools and services, which are designed to help our customers focus on what they do best – running and growing their business,” Ferris added.