First Data Merchant Solutions and eWay Form Strategic Alliance to Expand Australian Businesses into Asia
Collaboration Enables Local Businesses to Go Global
Demonstrates Commitment to Help Clients Grow Their Businesses
SINGAPORE/AUSTRALIA, SEPTEMBER 29, 2014 – First Data, the global leader in payments technology and services solutions, and eWAY, a global leader in eCommerce, today announced a strategic alliance that will enable more Australian businesses to expand into Asia’s rapidly growing eCommerce markets.
This alliance establishes First Data Merchant Solutions (FDMS), First Data’s direct-to-market merchant acquiring business, as a trusted payments provider to eWAY’s merchant network. With First Data’s commitment to help its clients grow their businesses, the collaboration supports Australian businesses in their efforts to expand their geographical footprint and establish their eCommerce capabilities in Asia.
Mr. Marc Mathenz, senior vice president and head of First Data Asia Pacific, said that First Data is pleased to be able to extend its strong existing relationship with eWAY to help their customers tap into the booming Asia eCommerce market.
“Asia is one of the world’s fastest growing markets for eCommerce revenues, with eCommerce spending in the region set to surpass half a trillion dollars ($525.5 billion)1 by the end of this year.
“This partnership combines First Data’s innovative solutions, our longstanding experience in APAC, with eWAY’s strengths in fraud prevention, safety and security to bring full service acquiring and processing capabilities for local businesses looking to gain access to Asia,” he said.
Matt Bullock, CEO and founder of eWAY said: “At eWAY, we are focused on optimising our payments solutions for merchants to offer them real value in their day-to-day eCommerce transactions.
“First Data Merchant Solutions has a proven track record of providing innovative solutions, a secure and stable platform and a strong presence in the APAC region. eWAY is excited to partner with an industry leader like FDMS to expand our reach and offer merchants speedy, convenient, competitive and easy payment transactions throughout Asia,” said Mr Bullock.
“First Data has been working with eWAY for more than 10 years in Australia, processing more than $10 billion worth of transactions, and this new phase of our partnership will enable eWAY and other Australian businesses to grow in this exciting region” concluded Mr. Mathenz.
About First Data
First Data is a global technology leader in the financial services industry. With 24,000 employee-owners and operations in 35 countries, the company provides secure and innovative payment technology and services to more than six million merchants and financial institutions around the world, from small businesses to the world’s largest corporations. Today, businesses in nearly 70 countries trust First Data to secure and process more than 2,000 financial transactions per second, totaling $1.8 trillion a year. First Data’s unparalleled infrastructure, scale and partnerships go “beyond the transaction” with next-generation point-of-sale technology fueled by powerful analytics to detect fraud, gain insights into consumer spending, and strengthen customer loyalty. All day, every day, First Data helps its clients thrive in the evolving world of commerce.
eWAY is a globally trusted payment gateway helping merchants accept credit cards online, over the phone or through their accounting software. Founded by entrepreneur Matt Bullock in 1998, eWAY has become Australia’s most awarded payment provider, partnering with 400 platforms globally, including MasterCard's digital wallet, MasterPass, and PayPal and Australia’s largest banks. eWAY continues to develop cutting-edge tools for merchants, helping their businesses grow both on and offline, with same-day settlement of funds wherever possible.
For further information, please contact:
Unice Liu (for First Data)
D: +65 6239 4110
M: +65 9320 9480
Vuki Vujasinovic (for eWAY)
M: +61 422 492 660
1. E-Marketer, Global B2C Ecommerce Sales to Hit $1.5 Trillion This Year Driven by Growth in Emerging Markets, retrieved September 2014 from http://www.emarketer.com/Article/Global-B2C-Ecommerce-Sales-Hit-3615-Trillion-This-Year-Driven-by-Growth-Emerging-Markets/1010575#hc3wboISsrRVskiX.99.