United States Postal Service has selected Vantiv, a payment processing services and related technology provider, to offer a full range of omni-channel payment solutions.
Under the agreement, the processing services of Vantiv will support the functionality needed for retail visits to Postal Service locations nationwide.
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The contract will include Vantiv’s risk and data security solutions to protect customers’ information and deter the use of fraudulent credit cards.
In addition, the deal will also cover Vantiv’s encryption and tokenization technology to protect customer data as well as its ecommerce PayPage and OmniToken solutions that replace cardholder data with tokens that can be used in place of payment data.
Vantiv group president of merchant and financial institution services Royal Cole said: "This contract with the Postal Service is another example of how the strength of Vantiv’s omni-commerce solutions, innovative capabilities and service leadership is helping us win new clients."
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