Vantiv Launches triPOS Cloud

Cincinnati-based payment processing and technology provider Vantiv announced today it has launched an additional extension of its triPOS product line.

Called triPOS Cloud, the new extension manages payment devices from the cloud and is reportedly equipped for every use case. The triPOS Cloud allows ISVs to integrate to Vantiv via the cloud or a native application when working on their point-of-sale solutions. Additionally, merchants are able to use Vantiv’s triPOS Cloud for payment processing in already integrated ISV business applications.

“Cloud-based payments applications are growing rapidly. Whether it’s an add-on application to solve for omnichannel or a standalone solution, we have a large demand from current and prospective developers to solve this important need,” said Matt Downs, head of channel and business development, Integrated Payments at Vantiv. “TriPOS solves this by managing payment devices from the cloud. We believe this presents a great opportunity to single source innovation and payment acquiring for developers, thereby making their lives easier.”

The three key ingredients that make up Vantiv’s triPOS product line are the developer interface, device drivers and the integration into the processors. TriPOS manages device drivers on the behalf of users and allows developers to quickly begin coding and testing their application. TriPOS comes certified and updates new features automatically without the need to reintegrate. And the system supports multiple industry types — from health care to lodging, auto rental and B2B.

“With the introduction of EMV and new PCI guidelines, payment integrations are more complex than ever before, but the robust triPOS product makes it possible to deliver safe, customized payment processing in the cloud or a browser-based environment,” said Moin Moinuddin, head of product for Integrated Payments at Vantiv. “We’ve enabled the tools and provided the payments expertise to help developers be more productive and more creative in developing POS solutions on an entirely different scale.”

Vantiv announced it will be demonstrating the triPOS product line at its booth (#4211) during the upcoming National Retail Federation show in New York City, which runs January 15–17, 2017.