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Rabobank chooses Vantiv to grow its merchant services division
Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that Rabobank N.A. has selected Vantiv as its merchant services solution provider.
Rabobank N.A., a $15-billion unit of Rabobank Group, offers a complete range of financial products and services for individuals, businesses, and agricultural clients in California, where it operates more than 100 branches and financial service centers.
Merchant services programs provide the ability for local and regional businesses to accept multiple forms of payment such as debit cards, credit cards and gift cards across various channels, including local retail locations, online and through mobile devices.
With analytic-driven solutions like Vantiv iQ, Vantiv’s recent product launch, Rabobank N.A.’s business customers will also have access to a robust web-based reporting tool that gives business owners actionable insights to run their companies more efficiently and effectively.
“We’re excited to support Rabobank’s growing business banking program,” said Stephanie Ferris, senior vice president and general manager of Merchant Services for Financial Institutions at Vantiv. “Vantiv has a strong track record of using analytical tools and innovative technology to help small- to medium-sized businesses work smarter and grow their bottom line.”
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