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First Data to Launch Newly Configured Portfolio Management Solution

Single Dashboard and Visibility Streamlines Merchant Boarding Process

LAS VEGAS, April 9, 2014 – First Data Corporation, the global leader in payment technology and services solutions, today announced, at the Electronic Transaction Association’s Transact 14, it will launch a newly configured portfolio management solution for its independent sales organization (ISO) clients and full service processing clients, which will enhance and simplify the boarding process and overall management of merchant accounts.

The newly configured solution boasts a variety of features making it easier to get new merchants up and running with electronic payment processing services; and existing merchants equipped with additional, value-added services.  It also works across platforms and is a single-entry-point for managing clients’ entire portfolio mix. 

“We have a strong and long-standing commitment to our sales channels and to helping them achieve success,” said OB Rawls, SVP and general manager National Merchants and ISOs, First Data. “This new solution provides them with a comprehensive set of tools and capabilities that truly simplify the management of their merchant portfolios.  It is also another great example of how First Data delivers the extra value our clients expect from an industry leader.”

Additionally, it provides added convenience and simplicity because it is available for tablets and smart devices, and it offers enhanced automation of residuals, and a single dashboard view. The portfolio management solution is anticipated to fully launch in the coming months. 

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 client 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. More information about the company is available on FirstData.com as well as on Twitter, LinkedIn, Facebook and YouTube.

Media Contact
Cara Crifasi, First Data
303-967-6367
cara.crifasi@firstdata.com

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