First Data Commercial Services

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First Data Corporation provides electronic commerce and payment solutions for financial institutions, commercial establishments, and consumers in the United States and internationally. The company’s Commercial Services segment offers merchant, and debit network acquiring and processing services; check verification, settlement, and guarantee services; and prepaid card services. Its Financial Institution Services segment provides financial institutions and other third parties with various services, including credit and retail card processing; debit card processing and network services; output services, such as statement and letter printing, embossing, and mailing services; and remittance processing services. The company’s First Data International segment offers debit, credit, retail, and prepaid card processing services; merchant acquiring and processing services; ATM and point-of-sale processing, driving, acquiring, and switching services; and card processing software. This segment also provides various services comprising account management, transaction authorization and posting, and network switching, as well as reimbursable postage. The company’s Integrated Payment Systems segment provides official checks and money orders through banks or other financial institutions, as well as offers other payment services, such as remote deposit, clearing services, and payment management services. First Data Corporation was founded in 1989 and is headquartered in Greenwood Village, Colorado. First Data Corporation is a subsidiary of First Data Holdings, Inc.

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Last edited by Credit Card Processing Consultant with First Data

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