Vantiv Enters B2B With Paymetric Acquisition

Payment technology provider Vantiv is planning to acquire Paymetric, a B2B electronic payments provider, the company said this week.

The acquisition expands Vantiv’s presence into the B2B payment space, the company said. Paymetric integrates payments capabilities with enterprise systems such as SAP, Oracle and Salesforce. It uses tokenization technology to store customer information securely.