Vantiv and Verizon introduce new merchant mobile PoS

Partner to launch new mobile PoS device

Vantiv, an Ohio based integrated payment processing company for businesses and financial institutions founded in 1971, formerly known as Fifth Third Processing Solutions, and Verizon Wireless are introducing a new merchant mobile end-to-end point-of-sale (PoS) tablet device. The solution will function on the Android platform and will feature a suite of business applications from Verizon’s Private Application Store for Businesses. The applications will include accounting, payroll, workforce management, loyalty, inventory and customer relationship management (CRM). Merchant customers will be able to personalise each application to suite their specific business requirements. The technology is designed to give merchants more flexibility, enabling them to serve customers and manage their business around the store and on the go. The ability to customise tablets and applications for corporate use is described by Verizon Vice President Chandan Sharma as a ‘potential game changer.’ The Tab Times, reporting after CES 2012, predicts the tablet “will be welcomed by enterprise customers, who have so far been frustrated by the limitations of out–of–the-box consumer tablets.”

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