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First Data Corporation Review

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Average

Revainrating 3.5 out of 5  
Rating 
3.5
Payment Systems

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Description of First Data Corporation

First Data Corporation, a global leader in electronic commerce and payment processing, is headquartered in Atlanta, Georgia. Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertiseto drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.

Reviews

Global ratings 4
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Type of review

Revainrating 5 out of 5

First Data Corporation

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

Pros
  • quite popular
  • specializes in the reseller system
Cons
  • cannot be sure of the reliability of its partners
  • the system of rates

Revainrating 4 out of 5

My review on First Data Corporation

First data corporation was founded in 1971 in Omaha, USA, but was registered only in 1989. It processes bank cards transactions. With a head office in Atlanta, company operating in all regions of the world. For now, it has over 6 million of independent agents. Western Union Financial Services was under this company management, until 2006. First Data Corporation is the first operator of the credit cards of Visa and Master. 80% of the shares were bought by American Express in 1980. First Data…

Pros
  • Secures transcations all over the world
  • Provides services for merchants to keep customers data secured
  • Is one of the biggest companies in this industry
Cons
  • ----

Revainrating 3 out of 5

Electronic installment preparing and affiliate framework.

First Information Enterprise, an organization that hangs out in the Mastercard installment measure, as well as adding a few installment frameworks for traders either through POS framework, email and versatile, so likewise a huge piece of its advertising administrations Depend on an affiliate system, it is so that it is associated with free affiliates who utilize the administrations of the stage. The Primary Information stage, presently called Fiserv since it was obtained by this organiza

Pros
  • Planned and adjusted for organizations with enormous volumes of every day exchanges.
  • Presents a wide assortment of installment framework items and hardware for dealers.
  • It is one of the installment processors with the biggest client base worldwide.
  • Permits the dealer to deal with his own record and with uncommon capacities.
Cons
  • It has an enormous number of objections from its clients.
  • It has a complex layered rate framework.
  • Not ideal for private companies with low exchange numbers.

Revainrating 3 out of 5

Electronic payment processing and reseller system.

First Data Corporation, a company that stands out in the credit card payment process, in addition to adding several payment systems for merchants either through POS system, email and mobile, so that also a large part of its marketing services are Based on a reseller mechanism, it is in such a way that it is affiliated with independent resellers who use the services of the platform. The First Data platform, now called Fiserv since it was acquired by this company at the beginning of 2019, thus…

Pros
  • Designed and adapted for companies with large volumes of daily transactions.
  • Presents a wide variety of payment system products and equipment for merchants.
  • It is one of the payment processors with the largest customer base globally.
  • Allows the merchant to manage his own account and with special functions.
Cons
  • It has a large number of complaints from its customers.
  • It has a complex tiered rate system.
  • Not ideal for small businesses with low transaction numbers.