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Vantiv Overview

Vantiv, Inc., through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States. It operates in two segments, Merchant Services and Financial Institution Services. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to merchants, and regional and small-to-mid sized businesses. This segment also provides value-added services, such as omni-channel acceptance, prepaid services, and gift card solutions; and security solutions, including point-to-point encryption and tokenization at the point of sale and for e-commerce transactions. The Financial Institution Services segment offers card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving, portfolio optimization, data analytics, and card program marketing, as well as network gateway and switching services. It also provides statement production, and collections and inbound/outbound call centers for credit transactions, as well as other services, which include credit card portfolio analytics, program strategy and support, fraud and security management, and chargeback and dispute services. This segment serves financial institutions comprising regional banks, community banks, credit unions, and regional personal identification number networks. The company markets its services through various distribution channels, including national, regional, and mid-market sales teams, as well as through third-party reseller clients and telesales operation. Vantiv, Inc. was incorporated in 2009 and is headquartered in Cincinnati, Ohio.
The staff at Vantiv come from unusually diverse demographic backgrounds. The company is 44.4% female and 37.5% ethnic minorities. Vantiv employees are more likely to be members of the Democratic Party than the Republican Party, with 63.0% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Vantiv is relatively high. Employees at Vantiv stay with the company for an average of 2.5 years before leaving. The average employee at Vantiv makes $57,717 per year. Pay at Vantiv is significantly lower than some of its highest paying competitors, like TriNet, Classified Ventures, and Digi, which pay $79,290, $78,794, and $77,833, respectively.
A large professional company with 3,526 employees and an annual revenue of $3.8B, Vantiv is headquartered in Cincinnati, OH.

The Organization’s Mission

Creating seamless experiences and exceptional payment solutions across the commerce ecosystem.

Perks of Working at Vantiv

Its benefits package includes immediate 401(K) vesting: 100% match up to a 5% contribution, more than 5 weeks paid-time-off including holidays, tuition reimbursement up to $5200 a year, and other benefits.

Industry

Business Services

Revenue

$3.8B

Employees

3,526

Founded in

2009

Headquarters

Cincinnati, OH

Website

www.fisglobal.com

Organization Type

-

Is This Your Company?

The Team At Vantiv

Key People
  • Kim Martin (Chief Human Resources Officer)
  • Kevin McCarten (Chief Strategy And Marketing Officer)
The Inside Scoop
Worldpay, previously known as Vantiv, is a leading payments provider that is committed to simple payments across all point-of-sale (POS) solutions. Worldpay provides payment processing solutions for businesses and financial institutions in the United States. Vantiv, LLC was founded in 1971 and is headquartered in Cincinnati, Ohio. It processes transactions through more than 300 payment types across 146 countries.
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Vantiv Rankings

Vantiv is ranked #86 on the Best Professional Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Vantiv Salaries

How much does Vantiv pay?
The national average salary for a Vantiv employee in the United States is $57,717 per year. Employees in the top 10 percent can make over $109,000 per year, while employees at the bottom 10 percent earn less than $30,000 per year.
9.1
Salary Score
Average Employee Earnings

Vantiv Salaries By Job Title

The average employee at Vantiv earns a yearly salary of $57,717 per year, but different jobs can earn drastically different salaries. The higher paying positions at Vantiv include sales vice president, vice president of information technology, principal software engineer, and senior java developer. A worker with the title sales vice president salary at Vantiv can earn an average yearly salary of $136,732. Some of the other roles at Vantiv are cashier and data entry associate. A worker with the title cashier at Vantiv earns an average salary of $24,294 per year.
Title
Average Salary
Sales Vice President
Salary Range112k - 166k$137k$136,732
Vice President Of Information Technology
Salary Range116k - 156k$135k$135,119
Principal Software Engineer
Salary Range109k - 133k$121k$121,261
Senior Java Developer
Salary Range100k - 120k$110k$110,335
Lead Technician
Salary Range94k - 120k$107k$106,803
Senior Software Engineer
Salary Range92k - 121k$106k$105,729
SQL Database Administrator
Salary Range93k - 115k$104k$104,042
Data Scientist
Salary Range85k - 112k$98k$98,087
Regional Sales Manager
Salary Range87k - 104k$95k$95,490
Relationship Manager
Salary Range70k - 129k$95k$95,412
$43k
$166k

Vantiv Careers

On average, employees at Vantiv stay with the company for 2.5 years. Employees most commonly join Vantiv after leaving Fifth Third Bank. When they leave Vantiv, they most frequently get their next job at First Data.

Average Length of Employment

WEX
2.9 years
Vantiv
2.5 years

Top Employers Before Vantiv

Citi
8.2 %
AT&T
6.5 %

Top Employers After Vantiv

AT&T
9.5 %
Comcast
7.1 %

Vantiv Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Vantiv Employees Education

Of the 3,526 employees at Vantiv, 22.4% attended University of Cincinnati. Employees at Vantiv most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Vantiv Employment Videos

Vantiv Financial Performance

10.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

2009

Organization type

-

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Vantiv Competitors

Based on our research, similar companies to Vantiv are TriNet, Classified Ventures, and Digi. The average salaries at TriNet rank the highest, with their employees earning an average salary of $79,290 per year. The salaries at Classified Ventures average $78,794 per year, and the salaries at Digi come in at $77,833 per year.
Company
Average Salary
TriNet
Salary Range60k - 104k$79k$79,290
Classified Ventures
Salary Range59k - 104k$79k$78,794
Digi
Salary Range54k - 110k$78k$77,833
Equifax
Salary Range41k - 82k$59k$58,680
WEX
Salary Range41k - 80k$58k$57,802
The Vertex Companies
Salary Range40k - 79k$57k$56,979

Axis Group

Salary Range40k - 80k$57k$56,939

Nuvision Technologies

Salary Range34k - 78k$52k$51,960
Global Payments
Salary Range34k - 68k$49k$49,078

OutSell Consulting

Salary Range33k - 72k$49k$49,050
$28k
$110k

Frequently Asked Questions about Vantiv

When was Vantiv founded?

Vantiv was founded in 2009.

How many Employees does Vantiv have?

Vantiv has 3,526 employees.

How much money does Vantiv make?

Vantiv generates $3.8B in revenue.

What industry is Vantiv in?

Vantiv is in the business services industry.

What is Vantiv's mission?

Vantiv's mission statement is "Creating seamless experiences and exceptional payment solutions across the commerce ecosystem."

Who are Vantiv's competitors?

Vantiv competitors include SBC Group, WEX, Global Payments, FleetCor Technologies, Colwell & Salmon Communication, OutSell Consulting, Nuvision Technologies, The Vertex Companies, Equifax, Colortone, Digi, Classified Ventures, Nutrisystem, Georgeson, HomeServe USA, TriNet, World Communications Group, Direct Marketing Solutions, Axis Group, Deluxe.

Who works at Vantiv?

Kim Martin (Chief Human Resources Officer)

Kevin McCarten (Chief Strategy And Marketing Officer)

Where is Vantiv's headquarters?

Vantiv's headquarters is in Cincinnati, OH.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Vantiv, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Vantiv. The employee data is based on information from people who have self-reported their past or current employments at Vantiv. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Vantiv and its employees or that of Zippia.

Vantiv may also be known as or be related to VANTIV LLC, Vantiv Inc, Vantiv LLC and Worldpay, Inc.