Vantiv to Offer Optimal Payments Gateway to E-Commerce Customers in U.S.
Dec. 26, 2012
Cincinnati-based payments processor and acquirer Vantiv recently unveiled a partnership with Optimal Payments that will make the London-based online payments provider’s gateway solution widely available to merchants in the U.S. Vantiv, which acquired Lowell, Mass. e-commerce processor Litle & Co. in October, said the agreement with Optimal Payments will open new distribution channels for its processing services, while the U.K. company benefits from more U.S. online merchants using its payment gateway and an unexploited e-commerce niche in which it has experience outside the U.S.
“Vantiv and Optimal have developed a strong relationship, and this agreement provides a great opportunity for us to extend our offering by providing our best of breed gateway technologies and related services to merchants in the U.S.,” said Danny Chazonoff, COO of Optimal Payments. “We are particularly excited by the future opportunities we see arising as a result of the anticipated opening of the U.S. [online gambling] market, and we see Vantiv as a key business partner in that regard.”