Vantiv, a payment processing services and related technology solutions provider for merchants and financial institutions, is launching a new app, Vantiv Mobile Accept (view press release). The app enables merchants to use Vantiv’s payment engine on their mobile devices and swipe US issued credit, debit or prepaid cards for transaction processing. The app also includes features such as an encrypted device that reads up to two tracks of information with a swipe, a customer support service, and an interface which allows merchants to access email receipts, review previous transactions and void transactions.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more