Columbia Bank has selected Vantiv, a US-based credit card processor, to offer its business customers with a full-suite of payments solutions.
Under the terms of the multi-year agreement, Vantiv will support Columbia Bank’s network of branches in the northwestern US.
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Vantiv’s merchant services programme will enable Columbia’s business customers to accept multiple electronic payment types such as debit, credit and gift cards across various channels, including at brick-and-mortar stores or in card not present including online and through mobile devices.
Vantiv said that its data-driven solution Vantiv iQ will provide Columbia Bank’s customers with access to a web-based reporting tool that offers business owners actionable insights to run their companies more efficiently and effectively.
Columbia Bank senior vice president of banking solutions Bruce Morehead said: “Supporting the economic success of our business clients is an expression of our customer promise, and partnering with Vantiv builds on that commitment by allowing us to offer seamless and secure payment solutions through a trusted source.
“Vantiv’s track record indicates its dedication to innovation, and this commitment improves our ability to offer merchants top-notch services and solutions featuring the latest in security, technology and analytics.”
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