Vantiv Achieves Oracle Validated Integration with Oracle E-Business Suite

by PaymentsJournal 0

Integration allows Oracle E-Business Suitecustomers to easily and securely accept payments via Vantiv’s popular eCommerceservices

CINCINNATI, MARCH, 28,2017 – Vantiv, Inc. (NYSE: VNTV), a leadingprovider of payment processing services and technology for merchants andfinancial institutions of all sizes, and Gold level member of OraclePartnerNetwork (OPN), today announced it has achieved Oracle ValidatedIntegration of the company’s eCommerce services with Oracle E-Business Suite12.2.

To achieve Oracle Validated Integration, Oracle partners likeVantiv are required to meet a stringent set of requirements that are based onthe needs and priorities of the customers.

According to Greg Worch, head of eCommerce at Vantiv, “Ourintegration with Oracle E-Business Suite makes it easy for Oracle E-BusinessSuite customers to securely accept credit and debit card payments. Benefits tocustomers include lower processing costs with a direct processor connection andno gateway fee, reduced PCI DSS scope, and support for business-to-business LevelII and Level III card processing, which allows organizations to qualify forlower interchange rates.”

”Achieving Oracle Validated Integration provides ourcustomers with assurance that the integration between Vantiv’s eCommerce servicesand Oracle E-Business Suite is functionally sound and performs as tested,” saidDavid Hicks, vice president, Worldwide ISV, OEM, and Java Business Developmentat Oracle. “For solutions deployed on-premises, in the cloud, or both, OracleValidated Integration applies a strict technical review and test process thathelps to reduce deployment risk and improves the user experience of thepartner’s integrated offering.”

ABOUTVANTIV Vantiv, Inc. (NYSE: VNTV)is a leading payment processor differentiated by an integrated technologyplatform. Vantiv offers a comprehensive suite of traditional and innovativepayment processing and technology solutions to merchants and financialinstitutions of all sizes, enabling them to address their payment processingneeds through a single provider. We build strong relationships with ourcustomers, helping them become more efficient, more secure, and moresuccessful. Vantiv is now the largest merchant acquirer and the largest PINdebit acquirer based on number of transactions in the U.S. The company’s growthstrategy includes expanding further into high-growth channels and verticals,including integrated payments, eCommerce, and merchant bank. Visit us at vantiv.com, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.

About Oracle ValidatedIntegration

Oracle Validated Integration, available through the OraclePartnerNetwork (OPN), gives customers confidence that the integration of acomplementary partner software product with an Oracle “on-premises” Applicationhas been validated and the products work together as designed. This can helpcustomers reduce risk, improve system implementation cycles, and provide forsmoother upgrades and simpler maintenance. Oracle Validated Integration appliesa rigorous technical process to review partner integrations and partners whosuccessfully complete the program are authorized to use the “Oracle ValidatedIntegration” logo. For more information, visit Oracle.com.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program that providespartners with a differentiated advantage to develop, sell and implement Oraclesolutions. OPN offers resources to train and support specialized knowledge ofOracle’s products and solutions and has evolved to recognize Oracle’s growingproduct portfolio, partner base and business opportunity. Key to the latestenhancements to OPN is the ability for partners to be recognized and rewardedfor their investment in Oracle Cloud. Partners engaging with Oracle will beable to differentiate their Oracle Cloud expertise and success with customersthrough the OPN Cloud program – an innovative program that complements existingOPN program levels with tiers of recognition and progressive benefits forpartners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.