SOURCE: Fragmob

Fragmob

December 17, 2015 15:48 ET

Fragmob Announces Partnership With Vantiv

Integrated Partnership Will Streamline Mobile Payment Processing Experience for Mutual Customers

SAN DIEGO, CA--(Marketwired - Dec 17, 2015) - Fragmob, Direct Selling's mobile technology innovator, today announced its partnership with Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes. The integrated partnership provides mutual corporate clients of the two companies with payment processing features offering increased security and embedded into the Fragmob Direct Selling mobile app.

"Vantiv has a strong track record of providing analytics, reporting and other innovative payment solutions that help small- to medium-sized businesses work smarter and grow their bottom lines," said Darlene Ducharme, vice president, eCommerce partnerships, at Vantiv. "These services are ideal for the independent distributors and consultants in the Direct Selling industry also served by the Fragmob mobile app."

Vantiv recently unveiled Vantiv eProtect, a comprehensive eCommerce data security solution that helps provide online merchants with end-to-end data protection. As part of Vantiv's data security protection suite, Vantiv eProtect utilizes OmniToken -- Vantiv's tokenization service -- which removes cardholder data from a merchant's systems and replaces it with a token that is virtually unusable to attackers attempting to steal that data.

As a result of this integrated partnership, Fragmob and Vantiv will be able to assist their joint corporate customers in integrating points-of-sale and fueling eCommerce services. By embedding Vantiv's payment processing platform into the Fragmob Direct Selling business app, the two companies will be able to offer a more integrated mobile app user experience.

"Connected consumers today discover and transact anytime, anywhere -- especially in the Direct Selling industry. Fragmob is an enabler of seamless experiences, and we are excited for our partnership with a leader like Vantiv to be able to provide a more integrated payment processing offering," said Sonya Cooper-Turner, Director of Channel Sales at Fragmob.

About Fragmob
An international mobile sales automation software provider, Fragmob instigates action through technology that enables Direct Selling companies to realize the benefits of a powerful mobile solution. Servicing hundreds of thousands of users in more than 30 countries, the Fragmob mobile platform drives Direct Selling sales reps towards the most focused, effective actions for their business in real-time and delivers actionable metrics so clients and users can achieve higher sales in less time. Visit Fragmob at http://fragmob.com/ and on Twitter at @Fragmob.

About Vantiv
Vantiv, Inc. (NYSE: VNTV) is a leading payment processor differentiated by an integrated technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes, enabling them to address their payment processing needs through a single provider. We build strong relationships with our customers, helping them become more efficient, more secure, and more successful. Vantiv is the second-largest merchant acquirer and the largest PIN debit acquirer based on number of transactions in the U.S. The company's growth strategy includes expanding further into high-growth channels and verticals, including integrated payments, eCommerce, and merchant bank.

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