ATLANTA, May 23, 2012 – First Data Corporation, a global leader in electronic commerce and payment processing, announced today that it was chosen as a 2012 Card-not-Present (CNP) Awards Best in Category/Judge’s Choice winner for Best Processor, and with Google, Best Mobile Solution for Google Wallet.
This year marks CardNotPresent.com’s inaugural CNP Awards, the very first awards honoring the companies, programs and solutions that have distinguished themselves in the card not present space during the past year. First Data won Best Processor for its eCommerce processing platform, Compass and Best Mobile Solution for Google Wallet.
“It is an honor to receive two Best in Category wins at the very first CNP Awards,” said Fred Gore, senior vice president, eCommerce Solutions, First Data. “We focused our attention during the last few years to deliver a best-in-class eCommerce processing platform, and this award validates the hard work and market penetration that we’ve experienced with our Compass platform. With Google Wallet, we continue to see acceleration in consumer, merchant and financial institutions’ adopting this technology to pay for goods and services as mobile devices become ever more embedded into our daily lives.”
The Compass platform was built for high-growth and global CNP merchants. It offers a highly redundant, reliable and scalable processing solution for merchants with multi-channel needs. The platform has a comprehensive set of payment methods, international capabilities and integrated advanced functionality. Additionally, Compass provides an extensive set of integration options to provide merchants flexibility that best matches their business needs and requirements – direct integrations, proprietary gateway, APIs, SDKs and third party integration options. Since its launch in mid 2009, the Compass platform has achieved more than 300 percent growth in transaction volume each year.
Launched in September 2011 by Google, Sprint, First Data, Citi and MasterCard, Google Wallet is an application that turns your phone into your wallet. It stores virtual versions of your existing credit and debit cards, along with your coupons, loyalty cards and gift cards.
"CardNotPresent.com extends its congratulations to First Data, a winner of the Judge's Choice Award for Best Processor and Best Mobile Solution with Google Wallet." said Steven Casco, founder and president of CardNotPresent.com, the organization behind the CNP Awards. "We are so pleased to be able to provide a place for large and small companies to compete, and we commend First Data for their years of leadership as a processor and their accomplishments in the field of mobile solutions."
About First Data
Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.
Cara Crifasi, First Data