First Data Corp. has granted U.S. Processing Inc. rights to market its automated teller machine and debit card services to small and midsize banks.

First Data, the largest credit card processor, claims a 44% share of the debit card market, but it processes mainly for large issuers of off-line products licensed by MasterCard and Visa.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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