First Data Corp.

Private Subsidiary, Headquarters Location
6200 S Quebec St., Greenwood Village, CO, United States
(800)735-3362, (303)967-6701 fax, http://www.firstdatacorp.com
Primary SIC: Data Processing Services, Primary NAICS: Data Processing, Hosting, and Related Services
Description: Services: Information processing of credit cards, debit cards and merchant transactions. Finance: Provider of shareholder services to the mutual fund industry. More

Atlanta based First Data Corporation is the leader in electronic commerce and payment services. The company processes credit card transactions, providing transaction reporting and billing services to financial institutions, oil companies, and retailers. Through its business units with more than 33,000 employees, First Data provides check processing and verification services (Telecheck); money transfers and money orders (Western Union) and merchant transaction processing (Paymentech.) Other services include processing for mutual funds, establishing bank branches in grocery stores, and internet commerce solutions. Operating on an international level, First Data provides services to the U.K., Australia, Mexico, Spain, Germany, Latin America, and Asia Pacific. With emphasis on its electronic payment services, the company has sold its Investor Services Group. Reported sales for 1998 reached $5,118 million. Top competitors are Fiserv, MoneyGram, and Total System Services.

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