Vantiv, a leading provider of payment processing services and technology for merchants and financial institutions, announced it has achieved Oracle Validated Integration of the company’s eCommerce services with Oracle E-Business Suite 12.2.
According to a press release, to achieve Oracle Validated Integration, partners — like Vantiv, which is a gold-level member of Oracle PartnerNetwork — are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.
The achievement will allow customers to easily and securely accept payments via Vantiv’s eCommerce services.
“Our integration with Oracle E-Business Suite makes it easy for Oracle E-Business Suite customers to securely accept credit and debit card payments,” said Greg Worch, head of eCommerce at Vantiv. Benefits to customers include lower processing costs with a direct processor connection and no gateway fee, reduced PCI DSS scope and support for business-to-business Level II and Level III card processing, which allows organizations to qualify for lower interchange rates.”
Oracle Validated Integration can help customers reduce risk, improve system implementation cycles and provide for smoother upgrades and simpler maintenance.
“Achieving Oracle Validated Integration provides our customers with assurance that the integration between Vantiv’s eCommerce services and Oracle E-Business Suite is functionally sound and performs as tested,” said David Hicks, vice president, Worldwide ISV, OEM and Java Business Development at Oracle.
“For solutions deployed on-premises, in the cloud or both, Oracle Validated Integration applies a strict technical review and test process that helps to reduce deployment risk and improves the user experience of the partner’s integrated offering.”