Vantiv, AEVI Partner to Enhance SmartPay Terminals

AEVI and Vantiv announced a major strategic partnership in North America to provide Vantiv’s channel partners and merchants with an open application platform across the acquirer’s SmartPay Series of hardware devices.

Vantiv and AEVI’s innovative offering provides a payment solution with the security of next-generation smart terminals and the flexibility of a rich, Android-based application marketplace. The venture will allow Vantiv’s small and mid-size merchants to benefit from increased functionality and versatility to efficiently run and grow their business, their way.

As an open marketplace solution that runs on multiple third-party hardware platforms, the SmartPay Series marketplace enables Vantiv’s channel partners and merchants to revolutionize payments at the Point of Sale. They will be able to deliver tailored, value-added solutions that enhance the checkout experience, payroll management, loyalty programs and more, across different verticals.

AEVI’s Marketplace will be available to channel partners as a plug-and-play solution for merchants, backed by Vantiv’s payment expertise and scale.

Initial availability of the Vantiv/AEVI SmartPay marketplace solution is expected in select markets during the first quarter of 2018.