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First Data Corp. signed a three-year contract with an Egyptian ministry to manage a prepaid benefits smart card. The program initially will target monthly grocery purchases for 4.5 million families but eventually will expand to support other government benefits.
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By U.S. BancorpDecember 3 -
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By Eric GroverNovember 19 -
Despite a revenue boost it attributed largely to its joint venture with Bank of America Corp., First Data Corp. reported a $288.9 million loss for the third quarter, 76% wider than the year-earlier loss.
By Meghan BoyerNovember 16 -
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October 30 - PSO content
ATLANTA Oct. 28, 2009 Global electronic commerce and payments processing leader First Data today announced that its STAR® Network is the first electronic funds transfer network (EFT) to launch load and reload support for STAR-branded general purpose prepaid cards.
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October 20 - PSO content
First Data and PayPal Team up to Offer New Online Payment Services for STAR® Network Cardholders ATLANTA & SAN JOSE, Calif.--(BUSINESS WIRE)--Global electronic commerce and payments processing leader First Data today announced an agreement with PayPal that allows debit cardholders in First Data's STAR® Network to quickly link their STAR debit card to a PayPal account online. First Data's STAR Network is the first electronic funds transfer network to offer this innovative service to its member financial institutions.
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