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Revention, a leader in providing custom point of sale solutions to the hospitality industry, partners with Vantiv Inc. to provide a secure EMV payment solution. Vantiv Inc. is a leading provider of payment processing services and related technology solutions for merchants. Vantiv’s payment platform provides point to point encryption (P2PE) of credit card data, which greatly reduces the PCI compliancy requirements of merchants.
“Vantiv’s dedication to advancing technology, and customer service were the primary factors behind Revention’s decision to enter into the partnership,” says Laura J. Gaudin, director of product management for Revention. “A transition to a new payment solution does not come without challenges; from merchant education on new emerging payment options to software development, Vantiv has been a true partner throughout the entire process.”
The secure EMV payment solution also provides the merchants with the ability to process NFC contactless payments such as Apple Pay and Android Pay (formerly known as Google Wallet), as well as PIN debit cards.
“Since the EMV liability shift in October, the adoption rate of Revention’s new payment processing solution has been gaining momentum,” says Jesse Mund, director of dales. “We expect that by the end of Q1 2016, our customers will consider the EMV payment solution as a standard in point of sale functionality.”
“We are excited to partner with Revention as they serve both full service and quick serve restaurants with a very innovative approach. They have a common view of the open ecosystem and have a passion for delivering secure payment technologies to SMB’s. Their adoption of Vantiv’s integrated technology and model will significantly benefit their clients,” says Matt Downs, senior vice president of Vantiv Integrated Payments.