FDMS Wins Emerging Payments Award

BASILDON, OCTOBER 2015 — First Data Merchant Solutions, a wholly owned subsidiary of First Data Corporation, a global leader in commerce-enabling technology and solutions, today announced that it has won the Emerging Payments Innovation of the Year category at the 2015 Emerging Payment Awards held in London.

The Emerging Payments Innovation of the Year award recognises the most innovative use of a product or service associated with a payments product. This includes products or services delivered to consumers at any stage in the payments value chain/ecosystem.

First Data Merchant Solutions won the award based on its launch of Clover™ Station in the UK, a simple but comprehensive POS and business management solution powered by cloud-hosted software for SMEs.

Clover is an all-in-one platform that doesn’t just replace a traditional cash register, terminal and POS system but empowers merchants with total access and control so they can see their business from every angle. Not only can business owners ring up sales, but they can view inventory, track revenues, manage employees, view business analytics and take advantage of customized applications from the Clover App Market, which offers the latest in business management solutions from top developers.

Raj Sond, General Manager, First Data Merchant Solutions commented: “Winning the Emerging Payments Innovation of the Year Award is a phenomenal achievement for First Data Merchant Solutions and the Clover family. Our primary focus is to help SMEs grow their businesses. As smart POS solutions such as Clover become mainstream so too does the sophistication with which small business owners can interact with their customers. Not only can these entrepreneurs benefit from running their businesses more efficiently, but they can also start to act their like larger rivals.”

About First Data

First Data is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in 118 countries around the world. The company’s 23,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,300 transactions per second and $1.9 trillion per year.

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