First data credit card processing

American payments company

First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provides nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and at online outlets for nearly a third of all U.S. debit cards.

First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US credit and debit transactions, including handling prepaid gift card processing for many US brands such as Starbucks. It processes around 2,800 transactions per second and $2.2 trillion in card transactions annually, with an 80% market share in gas and groceries in 2014. First Data's SpendTrend Report is frequently used by national news networks such as WSJ, USA Today, ESPN, The New York Times, Vox Media, and Bloomberg.

On January 16, 2019, Fiserv announced a deal to acquire First Data in an all-stock deal with equity value of $22 billion. Fiserv completed the acquisition of First Data on Monday, July 29, 2019.

History

In 1969, the Mid-America Bankcard Association (MABA) was formed in Omaha, Nebraska, as a non-profit bankcard processing cooperative. First Data Resources (FDR) was founded in Omaha, Nebraska in June 1971 by Perry "Bill" Esping, along with Mike Liddy and Jack Weekly. It started off by providing processing services to the Mid-America Bankcard Association (MABA). In 1976, First Data became the first processor of Visa and MasterCard bank-issued credit cards. In 1980, American Express Information Services Corporation (ISC) bought 80% of First Data. The remaining 20% was purchased in 5% increments each subsequent year until June 1983. First Data Corporation was incorporated on April 7, 1989. In July

"Paying insurance premiums on time is essential and critical for the insurance industry in ensuring policyholders continued to be protected. Working with Fiserv enabled us to simplify and optimise the processing of policyholders’ insurance premiums, which in turn allows us to better connect with our customers. With Batch Processing solution from Fiserv, we can save valuable time by easily uploading the collection transaction via batch files through secured transfer for bulk processing."

Finance and Operations,
Prudential Assurance Malaysia Berhad

First Data terminals process virtually any form of payment – all major credit cards; PIN, signature and Electronic Benefits Transfer (EBT) debit cards; paper and electronic checks; as well as First Data gift and loyalty cards. First Data has a POS solution to serve every need – all at affordable prices.

A broad variety of POS terminals all including fraud protection with security features including EMV acceptance and the First DataTransArmorSolution. Connectivity options that work for you; connect via the Internet using your existing broadband service, dial-up, or wirelessly with a Wi-Fi option on most POS equipment.

Card Machine Outlet is an official reseller of all First Data Terminals! 

First Data's popular machines are the FD150 and RP10 pinpad. Buy First Data machines at the lowest price!

Have questions? Call or email us! 1-800-980-0950 or sales@cardmachineoutlet.com