Schaumburg news and trends

Vantiv To Acquire Moneris By End Of 2016

November 11, 2016
Quick Reads
Vantiv To Acquire Moneris By End Of 2016

November 11, 2016
Vantiv, the second largest payment processing solution company in the U.S., has plans to buy Moneris Solutions USA for $425 million. Cincinnati-based Vantiv announced that the acquisition will further the company’s growth not only in payments, but also with merchant bank channels. Vantiv currently works with more than 800,000 merchant locations and 1,400 financial institutions. […]