First Data advanced into the Korean market in November 2005 through the acquisition of Korean Mobile Payment Services (KMPS). Throughout Korea, First Data offers credit card payment services to consumers, merchants and financial institutions providing:

• Value-added network services: We offer authorization switching services between merchants and credit card companies in Korea.
• Mobile payment services: We offer the ability for merchants to accept payments via a mobile phone using radio frequency technology
• Cash receipt services: Provides consumers detail on cash transactions for reporting to the National Tax Service in Korea

Read the latest news about First Data in Korea on firstdata.com

• Recent Business Wins Underline Strength of First Data's Issuing and Consumer Finance Solution
• First Data to Provide Global Merchant Acquiring Solutions to Lenovo
• First Data International Appoints New CEO of South Korea Operations
• First Data to Be Acquired by KKR; First Data Shareholders to Receive $34 per Share in Cash; Transaction Valued at $29 Billion
• First Data International and INICIS Form Alliance for Global Merchant Processing in Korea

Joshua Lee
Korea Sales
Tel: +82 2 2287 3184
joshua.lee@firstdatacorp.co.kr

Hong Ren
Media Inquiries
Tel: + 86 10 8522 1685 ext 168
hong.ren@firstdata.com