As it marks its five-year anniversary as a publicly traded company, Vantiv announced in a press release that it now processes more debit and credit transactions in the United States than any of its competitors.
When the Nilson Report publishes its annual U.S. Merchant Acquirer Rankings, it will reveal that Vantiv is the top merchant acquirer in the country. This is the first time since 1996 that a new company has come out on top, based on this metric, noted David Robertson, publisher of the Nilson Report, which is one of the most respected sources of news and analysis of the global card and mobile payment industries.
“I always say our success is our people,” said Charles Drucker, president and chief executive officer at Vantiv. “Over the last five years, we have grown dramatically and achieved many milestones, thanks to our employees’ relentless hard work and winning attitude. Nilson’s new rankings — published at our five-year anniversary — clearly validates that we are on the right track with a bright future.”