Our Global Merchant Acquiring Solutions allow you to streamline operations, consolidate multiple currency payments reporting and remove the complexity of multiple local acquirers by using one payment processor worldwide.
First Data helps multi-national corporations consolidate global payments processing to one acquirer and receive funding in a multitude of currencies with our Global Merchant Acquiring Solution. We provide you with a single-source solution to consolidate your multiple acquiring relationships and agreements.
Traditionally, multi-national organizations have had to use multiple acquirers across the world to process card payments and receive funding in the respective currencies. This results in a convoluted process that has not only become difficult to manage, but is highly cost-ineffective and an operational nightmare.
First Data offers one simplified, consolidated solution through our Global Merchant Acquiring Solution. We provide a single solution, single global contract, multi-currency card processing, unbundled pricing, and reduced back-office related expenses through our reporting and interchange optimization tools assembled for the eCommerce industry.
How the Global Merchant Acquiring Solution Works
The solution leverages a single technical interface and local bank sponsorships to authorize payments, process settlements, and virtually eliminate the risk of downtime. The First Data Authorization Network connects four geographically dispersed data centers via redundant diverse frame relay carrier networks.
The distributed processing network ensures no service interruptions by processing on two platforms for US and International transactions. Both platforms provide full-service processing, online reconciliation, client-controlled exception processing, and data capture to settle transactions.
We also provide web-enabled tools to simplify the management of chargeback and retrieval sales disputes via the Internet.
Help Your Business
- Remove complexity by consolidating to one global payment processing provider
- Improve reliability through fast, reliable and secure payment processing technology
- Increase profits by cutting interchange and back office management expenses
- Expand reach across new markets
- Enhance cash, chargeback and interchange management through sophisticated online reporting tools
- Improve time and labor allocation for payment-related functions through our tools geared towards resource optimization
- Cut legal costs for global expansion
- Maximize interchange cost savings
- Mutli-currency payment processing and funding worldwide through one provider
- Single technical interface/point of integration (ISO 8583 specs) for global payment processing
- Single source raw data reporting
- Single global contract and relationship contact
- FX, interchange and consumer satisfaction benefits and savings through local settlement
- Domicility rule compliance and optimal settlement location consultation
- Pricing based on interchange plus, highlighting true processing costs
- Industry leading platform reliability lessens worries about downtime
