USPS Chooses Vantiv for Omnichannel Processing
June 18, 2015
The United States Postal Service has chosen Cincinnati-based payments processor Vanitv to handle transactions both online and at post office locations nationwide. In addition to processing the transactions, the USPS will leverage Vantiv’s suite of antifraud and data security solutions that include encryption and tokenization to protect customer data the Postal Service stores for reconciliation, chargeback processing and recurring billing.
“With the rapid evolution taking place in payments, there is a need in the marketplace for highly flexible, scalable and easily integrated solutions that can meet the dynamic demands of a large retail customer base,” said Royal Cole, group president of merchant and financial institution services at Vantiv.