First Data Corporation launches First Data Merchant Solutions in Australia
Sydney, NOVEMBER 12, 2015 – First Data Corporation, the global leader in commerce-enabling technology and solutions, has today announced the launch of First Data Merchant Solutions to bring differentiated and innovative merchant acquiring solutions to Australian businesses – online, in-store, over-the-phone and on-the-go.
First Data, in alliance with Bankwest, has been providing payment services to more than 11,000 merchants, under the brand name BWA Merchant Services for the past ten years. From today, following the completion of the ten-year partnership, First Data will serve merchants directly via First Data Merchant Solutions in Australia. First Data Corporation is the largest merchant acquirer in the world and has a legacy of more than 30 years of deep industry knowledge and payments experience in Australia.
“In today’s competitive environment, every customer experience counts. Business owners that rely on card acceptance, either physically or online, need a solution that works anytime and every time,” said Sam Itzcovitz, Head of Global Business Solutions of First Data Australia and New Zealand.
“At First Data Merchant Solutions, we are the payments specialists. We have a single-minded focus on payments and how we can support our clients in doing business with their customers. We provide consistently reliable solutions and continue to invest both in our platform, as well as in new product innovation. Our aim is for First Data Merchant Solutions to help small and medium enterprises (SMEs), as well as large retailers, to grow their businesses.”
First Data Merchant Solutions Australia is a principal member of the Visa and MasterCard® networks and one of the first non-bank acquirers to launch since changes to the Banking Act earlier this year.
Consequently, First Data Merchant Solutions is now able to provide merchant acquiring solutions independently and without sponsorship from a bank partner. This allows First Data Merchant Solutions to better leverage First Data Corporation’s global capabilities through a business model 100% focused on providing best-in-class merchant acquiring solutions to its clients and SMEs. It provides greater agility as a business to bring new products to market and work with an even broader range of merchants in the region.
“Australian business owners today need payments and technology solutions that are not only dependable and intuitive, but can futureproof them as their customers’ behaviours change. Whether this is preparing for new payment channels, the peak sales season at Christmas or ensuring uptime during an online sale, First Data Merchant Solutions is dedicated to being with our clients every step of the way and delivering high-quality, secure solutions tailored to business needs.” said Itzcovitz.