Vantiv, a payment processor solution provider, announced that its cloud-based API for payment processing, triPOS Cloud is now generally available. triPOS allows for real-time payment processing for ISVs' and merchants' point-of-sale transactions. The solution includes enterprise grade safety and security in a hosted platform. triPOS uses encryption and tokenization for security and is designed with integration capabilities across software and hardware platforms.
"Vantiv is poised to be a leader in innovation in payments due to our open architecture model that focuses on investment in new technology, such as cloud platforms," Matt Downs, Vantiv Integrated Payments Head of Channel, commented in a press release. "triPOS Cloud is just another example of our strong commitment to the ISV market thereby creating some of the most powerful integrated solutions in the market."
Vantiv pitches its open platform architecture as a strategic advantage in the payment industry where many payment ISVs are being acquired and closed off to open innovation. triPOS as an open API solution is a continued dedication to industry collaboration. Industry leaders such as Microsoft and Rain POS have praised Vantiv's release and scalable, secure integration capabilities.
With triPOS Cloud, ISVs and merchants can seamlessly add recurring billing, BIN management, alternative payments, custom forms and other payment features. Because the platform is cloud-based, updates are easily delivered. EMV acceptance, and security/fraud prevention are automatically included. Check out the get started guide to learn more.