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Vantiv to serve as merchant services provider for Washington Federal

Full-service financial institution Washington Federal has selected the payment processor Vantiv as its exclusive provider of merchant debit and credit card processing services under a multi-year agreement.

The agreement further enhances Vantiv’s merchant services program to 190 new locations in the western US, the company said.

Commenting on the agreement, Washington Federal senior vice president Simon Powley said, "Our partnership with Vantiv will enable us to provide our commercial clients with the latest, most reliable credit and debit payment solutions in the market.

The merchant service programs will enable local traders to accept an array of payment options including debit cards, credit cards and gift cards throughout various platforms including at retail locations, online and with mobile devices.

In a bid to ensure hassle free operation, Vantiv caters high levels of access and support to offer financial institutions an integrated processing solution that can help their commercial customers meet their business goals.

Savings and loan holding company Washington Federal, manages 190 branches in eight western states, including Washington, Arizona, Idaho, Nevada, Oregon, Texas, Utah and New Mexico.