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Payments General

Vantiv, Discover extend partnership to support PayPal in-store checkout

Wednesday 26 September 2012 | 10:27 AM CET

Vantiv, a provider of payment strategies and technology for financial institutions and businesses worldwide, and direct banking and payment services company Discover Financial Services have extended their alliance to support PayPal In-Store checkout at Vantiv\'s brick-and-mortar merchants over the Discover Payment Services infrastructure.

As part of the extended deal, Vantiv and Discover will work together to open the doors of their respective brick-and-mortar merchants to PayPal's 50+ million active US account holders and their seamless digital wallet beginning with Q2 2013.

Vantiv (formerly Fifth Third Processing Solutions) was founded in 1971. Vantiv's product suite includes ATM terminal driving and monitoring, ATM and debit card transaction authorisation and processing, credit issuing and processing services, national and regional gateway services, ancillary services including fraud detection, card production and other consultative services.
 

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