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January 15, 2014updated 04 Apr 2017 4:09pm

Vantiv, AT&T to offer new mobile payments solutions for businesses

Vantiv, an electronic integrated payment processing services provider, has partnered with AT&T to offer new payment products, Vantiv Mobile Accept from AT&T and Vantiv Mobile Checkout from AT&T, for all types of businesses.

By Verdict Staff

Vantiv, an electronic integrated payment processing services provider, has partnered with AT&T to offer new payment products, Vantiv Mobile Accept from AT&T and Vantiv Mobile Checkout from AT&T, for all types of businesses.

According to AT&T, the new solutions will provide fast and secure transactions in the growing multi-billion dollar mobile payments market.

The new solutions will support emerging sales and payment trends which include field service providers accepting card payments at customer homes, restaurant owners offering a tablet-based, table-side payment option, and retailers capturing and processing customers’ email addresses upon payment.

Vantiv Mobile Accept from AT&T is a mobile app that uses a card reader to allow businesses to quickly swipe cards for processing on a smartphone or tablet in a secure manner, while Vantiv Mobile Checkout from AT&T is a tablet-based, cloud-connected payment solution that allows businesses to process payments, and access their business data from virtually anywhere.

AT&T said that these new solutions will offer businesses the ability to accept card payments in-store or on-the-go, improved cash flow with quicker access to funds, real-time sales history, ability to manage multi-store inventory, employees and timekeeping, and live 24/7 customer support.

Vantiv senior vice president and general manager for eCommerce and Mobile, Elizabeth Rector, said: "AT&T’s sales force and its retail locations create a powerful new distribution channel for Vantiv’s mobile products to reach the millions of businesses who need this important functionality.

"Together with AT&T, we can help businesses stay ahead of the technology curve, be more efficient and effective and operate their companies anytime, and nearly anywhere."

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