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POSsible POS Completes Certification with Vantiv for Gift Card Processing

On May 2016
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STAFFORD, TX, May 11, 2016 –   POSsible POS, leading provider of software and hardware solutions for the restaurant industry, has completed certification with Vantiv, formerly known as Mercury Pay, for gift card processing. Vantiv, a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, offers a simplified solution called MercuryGift®, a comprehensive gift card service that can be built into the POSsible POS system.

Statistics show that gift card programs play a vital role in a restaurant’s success:

  • Over $100 Billion is spent on Gift Cards annually
  • Consumers spend an average of $213/year on gift cards
  • 72% of customers will spend more than the value of their card
  • On average the recipient will spend 20% more than their gift card value
  • 54% of gift cards are purchased from a restaurant or retailer

Manan Mehta, Chief Executive Officer for POSsible POS said, “Our Company’s goal is to create personalized software solutions for restaurants that will increase their profitability. By completing the certification with Vantiv for their MercuryGift service, current and future merchants can use our point-of-sales system to easily process gift cards, creating convenience for their customers and increasing the business’ financial gain.”

About POSsible POS Inc.

Headquartered in Stafford, Texas, POSsible POS Inc. is a leading developer of innovative POS software and hardware solutions for the restaurant, hospitality and retail industries. Since inception, POSsible has progressed industry standards by partnering with the industry’s best technology providers and developing the proprietary Restaurant Pro software to address the unique restaurant business challenges. With an intuitive user interface, robust operations management and customizable reporting capabilities, businesses can maximize their operations productivity and provide the ideal customer experience. For more information, visit
www.possiblepos.com

About Vantiv, Inc.

Vantiv, Inc. (NYSE: VNTV) is a leading, integrated payment processor differentiated by a single, proprietary technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S., 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 third 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 payment segments, such as integrated payments, payment facilitation (PayFacTM), mobile, prepaid and information solutions, and attractive industry verticals such as business-to-business, ecommerce, healthcare, gaming, government and education. For more information, visit
www.vantiv.com.

Media Contact:

Justine Hernandez, Marketing Manager, POSsible POS, (800) 767-9585, [email protected].