First St Data Corporation is a global leader in e-commerce and payment processing, was founded in Atlanta, Georgia.
This platform is now also called Fiserv. At the same time, it should be noted that it became quite popular after it was acquired by that company, as it gave impetus to expand the base of users tied to its service. And before that, First St Data Corporation processed and performed most of the credit card transactions.
Fiserv currently specializes in the reseller system, where it covers a large number of partners. But the problem is precisely that we cannot be sure of the reliability of these partners, because there are a huge number of them. Consequently, there may be another problem with the system of rates that it sets for retailers, because this makes it very difficult for new merchants to promote in their sales of services and products.
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