company's entry into electronic commerce, it is that it did not happen sooner.

"We felt a little bit late getting into the game," said Eula L. Adams, president of the First Data Corp. unit that processes card transactions for merchants. But the organization has spent the last year making up for any tardiness.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.