US-based credit card processor Vantiv has collaborated with CardFlight, a mobile point of sale (POS) technology provider, to deliver CardFlight's SwipeSimple mobile POS solution to its merchants.
Designed as a turnkey mobile payment acceptance platform, SwipeSimple includes an EMV-enabled mobile chip card reader. It also features a mobile application for iOS and Android, and a back office reporting portal for business owners to take payments and manage their business.
Under the terms of the agreement, the POS will be co-branded for Vantiv. The solution will be available through Vantiv's independent sales organization (ISO) and financial institution merchant solutions channels.
Vantiv senior vice president and general manager of merchant solutions for financial institutions Kelly Beatty said: “EMV and mobile are two of the important trends for financial institution customers, who offer payments solutions for their business customers.
“CardFlight's mobile POS solution is a natural fit, and their ability to co-brand the solution for our customers is a key differentiator."