First Data Expands into Sports and Entertainment Industry with Bypass Collaboration
- Category: Corporate
First Data and Bypass simplify commerce for food and beverage concessionaires
at stadiums, arenas, and concert venues across the country
NEW YORK and AUSTIN, July 18, 2016 - First Data (NYSE: FDC), a global leader in commerce enabling technology, and Bypass, an innovator in enterprise point-of-sale systems, are working together to deliver a modern, comprehensive payments solution for sports arenas and concert venues. This unique collaboration blends First Data’s innovative Clover® family of point-of-sale devices and business management tools with Bypass’s revolutionary cloud-based software and back office management tools. The two companies have already collaborated to support major sporting events and concerts across the country.
“Our entry into sports and entertainment marks an exciting new chapter for First Data and demonstrates the power and flexibility of the Clover platform,” said Dan Charron, Executive Vice President, Head of Global Business Solutions, First Data. “Bypass has been a terrific partner in this effort, providing First Data with software and market expertise to help Clover evolve into a fully integrated solution for concerts, major sporting events, and more.”
The integration of Clover with Bypass creates a holistic POS system for chain restaurants, food and beverage providers, sports venues, and other complex multi-site operations. The solution has already come to life with full implementations at a sold-out concert for one of the biggest pop musicians in the world, an airshow with more than 400,000 attendees, and at an upcoming major soccer match.
Bypass CEO Brandon Lloyd noted, “First Data is a great partner. Our solutions integrate seamlessly and provide a complete offering for companies looking to modernize and secure commerce.”
Businesses will benefit from First Data’s Clover platform, which includes Clover® Insights, a data analytics tool that transforms transaction data into actionable insights, and TransArmor®, First Data’s powerful payment security solution that combines encryption with tokenization to protect businesses from data breaches. Additionally, all Clover devices are EMV-ready and accept most forms of payment, making them “future proof” as payment options evolve.
Bypass was created to serve the unique needs of multi-site food and beverage commerce on an agile, robust, cloud-based platform. The company offers a simple, intuitive POS interface and a variety of back office management tools for inventory, transaction reconciliation, labor, and insights. Their customers benefit from accelerated guest service and training times, along with easy discovery of cost saving and revenue improvement opportunities. Bypass’s work with First Data further enhances the value Bypass can deliver.
About First Data
First Data (NYSE: FDC) 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 24,000 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 2,500 transactions per second and $1.9 trillion per year.
Since its founding in 2010 Austin-based Bypass has become the leading innovator in enterprise point of sale systems, robust back office management tools, and rich insights engines for the multi-site food & beverage industry. Its approach helps more than 145 professional & collegiate sports venues and national restaurant chains accelerate their profit, efficiency, and guest experience well beyond the levels achieved with legacy solutions. Bypass makes this happen with a cloud-enabled open API platform broad enough to serve the full spectrum today’s needs and agile enough to rapidly support future requirements. The company has deployed over 10,000 devices at a cost, pace, and ease of integration never before possible. More information is available at www.bypassmobile.com
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