First Data collaborates with Banco Nacional Ultramarino to serve Macau businesses
- Category: Corporate
Macau, December 3, 2014 – First Data Merchant Solutions (FDMS) Macau, First Data’s direct-to-market merchant acquiring business in Macau, and Banco Nacional Ultramarino (BNU), a leading commercial bank, today announced a strategic alliance to provide merchant services and payment solutions for merchants in Macau.
The agreement allows FDMS, through BNU, to provide full service acquiring and processing capabilities for Macau merchants, including point-of-sale and e-commerce services.
Merchants in Macau will gain access to FDMS’s longstanding experience in the Asia-Pacific region, regional payments network and innovative payments solutions, allowing merchants to focus on the success of their business.
The alliance comes at a time when with rapid growth in its retail and tourism industries, FDMS and BNU see merchants in Macau increasingly demand more efficient payment solutions to provide enhanced customer payment experiences and engagement.
Ravi Pochiraju, General Manager of FDMS, said, “Our alliance with BNU bank highlights our commitment to servicing the growing market of Macau. Macau SAR sees 30 million visitors yearly and FDMS is well positioned to help merchants in tourism, retail and hospitality better serve these visitors with our suite of innovative products and solutions and global payment expertise.”
Pedro Cardoso, CEO of BNU said “We are pleased to be able to collaborate with FDMS, a world leader in payment services. With BNU’s experience and customer base and FDMS’s strong leadership position in Asia Pacific and secure and stable payments platform, we see great opportunities to help our customers grow.”
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 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. For more information, visit http: //www.firstdata.com.
About Banco Nacional Ultramarino
BNU is a note issuing and commercial Bank, which is proud of its history of supporting and serving the local community of Macau. For over a century, BNU has been working with individual customers and companies as their business partners. The knowledge and experience acquired have been essential to bring success to its customers businesses and projects in sectors such as retail, real estate, manufacturing, transportation, construction, public utilities and international trade. Being part of the CGD Group, one of the Europe’s largest financial institutions with an extensive global network in 23 Countries in Europe, Asia, Africa and the Americas, BNU combines local knowledge with international experience to offer comprehensive and innovative banking solutions.
First Data Media Contact
D: +65 6239 4110
Banco Nacional Ultramarino Media Contact
D: +853 8 3989 134