Latest Quarterly Product Release Spotlights Secure and Flexible Consumer Payments; Merchants Also Benefit from New Solutions that Help Streamline Business Operations
ATLANTA, July 18, 2012 – First Data Corporation, a global leader in electronic commerce and payment processing, today shared highlights from its Q2 2012 U.S. Product Release. In a continuing effort to power a new era of Universal Commerce, First Data has introduced new breakthrough innovations that provide consumers more secure and flexible payment options and products that are streamlining once complex processes for merchants.
First Data™ FD35 PIN Pad
The FD35 PIN Pad is an all-inclusive peripheral that is changing how payments are accepted and secured through advanced technologies. This comprehensive, consumer-facing device not only accepts PIN-based debit transactions and swipes traditional payment cards, but is enabled to accept chip-and-PIN cards (aka EMV), contactless cards, mobile payments and key fobs.
First Data SNAP!
Leveraging technology delivered through the iPad2, First Data SNAP! (Sales Navigation Application) is streamlining the sales process from the initial merchant meeting through on-boarding. SNAP! is a portable interface that offers a single entry point into First Data’s product suite, generates all necessary paperwork, and collects an electronic signature so merchants can begin accepting payments in no time.
First DataSM OfferWiseSM Solution
The OfferWise solution is an open platform that allows offer publishers to electronically attach offers such as deals, eCoupons and loyalty programs to one or more of a consumer’s payment cards or mobile wallets to enable automatic redemption of the offer at the point of sale. The OfferWise solution can link to any type of payment card including all major credit association brands, PIN or signature debit.
First Data Rapid ComplySM Solution
The PCI Rapid Comply solution is an easy-to-use online Self-Assessment Questionnaire (SAQ) and vulnerability scanning tool that can help small to mid-sized merchants achieve and maintain Payment Card Industry Data Security Standard (PCI DSS) compliance. PCI Rapid Comply can minimize the volume of SAQ questions merchants must answer by as much as 85 percent.
First Data Products in New Channels
First Data has also extended two key products to new sales channels. The First Data Global Gateway e4, an online payment gateway built on the latest technology and designed to address eCommerce merchants’ business needs, is now available through the Agent channel. National clients can also now leverage the Money Network® ACH Origination Portal, a web-based solution to store, manage and schedule the release of payment files to First Data prepaid solution accounts issued by MetaBank™. The portal also enables the routing of ACH files for disbursement to accounts at any U.S. financial institution.
“First Data continues to advance universal commerce for consumers, merchants and financial institutions through products and enhancements highlighted in our latest quarterly release. These innovations are both providing consumers with exciting new ways to interact at the point of sale as well as enabling our merchants to streamline and automate some of their business operations,” said Mark Herrington, executive vice president of Global Product Management and Innovation, 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.
Elizabeth Grice, First Data