First Data

First Data, now known as Fiserv, is a global leader in financial services technology and payment processing solutions. It provides a wide range of payment solutions and services to businesses of all sizes, enabling them to accept payments securely and efficiently.

Key features of First Data include:

1. Payment Processing: First Data offers payment processing services for credit card, debit card, and electronic check transactions. It supports both card-present (in-store) and card-not-present (online) payment processing.
2. Point-of-Sale (POS) Solutions: First Data provides a variety of POS solutions for brick-and-mortar businesses, including traditional countertop terminals, mobile card readers, and integrated POS systems. These solutions support EMV chip cards, contactless payments, and mobile wallet transactions.
3. E-commerce Solutions: First Data offers e-commerce payment solutions that enable businesses to accept payments securely on their websites or mobile apps. It provides customizable checkout options, tokenization for enhanced security, and support for recurring billing and subscription management.
4. Virtual Terminal: First Data’s virtual terminal allows merchants to manually enter payment information for phone or mail orders. It provides a secure web-based interface that can be accessed from any internet-connected device, making it easy to process payments remotely.
5. Payment Gateway: First Data’s payment gateway facilitates secure payment transactions by encrypting sensitive data and routing it to the appropriate payment processor. It supports various integration options, including APIs, hosted payment pages, and shopping cart plugins, to accommodate different business needs.
6. Fraud Prevention: First Data employs advanced fraud detection and prevention tools to help merchants detect and prevent fraudulent transactions. It offers real-time monitoring, machine learning algorithms, and customizable fraud rules to identify and mitigate fraud risks.
7. Security and Compliance: First Data prioritizes security and compliance to protect merchants and their customers from fraud and data breaches. It complies with Payment Card Industry Data Security Standard (PCI DSS) requirements and employs encryption, tokenization, and other security measures to safeguard sensitive payment data.
8. Reporting and Analytics: First Data provides merchants with reporting and analytics tools that give insights into their payment transactions, sales performance, and customer behavior. Merchants can access real-time data, generate custom reports, and track key metrics to make informed business decisions.

Overall, First Data offers a comprehensive suite of payment processing solutions designed to help businesses streamline their payment operations, enhance security, and provide a seamless payment experience for their customers.

For more info visit https://merchants.fiserv.com/en-us/