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October 05, 2015 7:04 AM ET

IT Services

Company Overview of First Data Corporation

Company Overview

First Data Corporation provides electronic commerce and payment solutions for merchants, financial institutions, and card issuers worldwide. The company’s Merchant Solutions segment offers merchant acquiring services that facilitate the merchants’ ability to accept credit, debit, stored-value, and loyalty cards; and processing services comprising authorization, transaction capture, settlement, chargeback handling, and Internet-based transaction processing. It also provides prepaid stored-value card issuance and processing services for retailers and others; program management and processing services for association-branded, bank-issued, open loop, stored-value, reloadable, and one time prepai...

5565 Glenridge Connector, NE

Suite 2000

Atlanta, GA 30342

United States

Founded in 1989

22,310 Employees



Key Executives for First Data Corporation

Chairman and Chief Executive Officer
Age: 56
President and President of First Data Holdings Inc
Age: 55
Chief Financial Officer and Executive Vice President
Age: 39
Chief Operations Officer and Executive Vice President
Age: 53
President of Retail & Alliance Services
Age: 52
Compensation as of Fiscal Year 2015.

First Data Corporation Key Developments

First Data Collaborates with Google to Support Android Pay

First Data Corporation, has collaborated with Google to support Android Pay. First Data will provide processing solutions for Android Pay that ensure a safe, secure transaction at the point of sale, enabling payment with a single, contactless tap. Android Pay is a new mobile payment solution that offers consumers further simplicity, security and choice when paying for things with and soon within their Android phones. Android Pay lets consumers use their phone to pay in stores with most credit or debit cards, across all NFC-enabled Android devices.

First Data and Pivotal Software, Inc. Team Up to Deliver Payment Services to Spring Developers

First Data and Pivotal Software, Inc. announced that they will bring First Data eCommerce services to Spring developers. This new collaboration is designed to make it simple and safe for developers seeking to add payment services to their applications. Together, the companies will provide Spring developers with easy access to payment services, an abstraction layer for portability as part of Pivotal’s Cloud Native platform, Pivotal Cloud Foundry, and a development toolbox. First Data will also become a Pivotal customer using Pivotal Cloud Foundry to improve developer productivity and rapidly bring new products and services to market. As part of the collaboration, Pivotal plans to prioritize the integration of a First Data native service into Pivotal Cloud Foundry so that Pivotal customers can easily leverage First Data payment services with no additional development required. First Data’s Payeezy eCommerce solution will help customers deliver a seamless customer experience by offering more mobile payment options, security features, and easier integration.

First Data Corporation Appoints Himanshu A. Patel as Executive Vice President, Chief Financial Officer

On September 11, 2015, Himanshu A. Patel was appointed as Executive Vice President, Chief Financial Officer of First Data Corporation, effective as of September 14, 2015. Mr. Patel previously was First Data's Executive Vice President, Strategy, Planning and Business Development and served in that role since joining First Data in June 2013. Before joining First Data, he served in various roles at JPMorgan Chase & Co.

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