awards and rankings
Fortune Rankings:
First Data is ranked No. 295 on Fortune’s 500 List in 2009.
First Data is ranked No. 1 for the Financial Data Services Industry on the Fortune 500 list in 2007, 2008 and 2009.
Global Finance Ranking:
Global Finance ranks First Data as the “Best Electronic Commerce Provider” in its annual Best Treasury and Cash Management Banks and Providers Awards 2007.
Awards:
Giftex awards First Data the 2009 Giftex Prepay Innovation Award for the GO-Tag™ solution.
First Data’s GO-Tag solution places second at the 2009 CTIA E-Tech Awards for Mobile Applications & Widgets – Mobile Payments.
The International Card Manufacturers Association (ICMA) recognizes First Data at the 2009 Élan Awards, selecting the GO-Tag solution as a finalist for Best Other Secure Card Design award as well as a People’s Choice award.
First Data is named McDonald’s U.S. Technology Supplier of the Year for 2008.
Tags
- Give the SEC A Badge and a Gun September 6, 2010When I was in prison, the most popular TV show among the inmates was COPS.? Believe it or not, there […]
- What Big Brands Are Spending on Google - Advertising Age - Digital September 6, 2010How much did BP spend on search? In two months, BP went from spending very little on search advertis […]
- Dr. Oz's despicable adventures in self-promotion September 6, 2010This past week, Dr. Mehmet Oz, often referred to as "America's doctor" thanks to his popular "Dr. Oz […]
- Is The Future Of TV In Social Networking? September 6, 2010Earlier this year Anthony Rose, the online controller of the British Broadcasting Corporation and on […]
- BP Seen Revving Up Asset Sales September 6, 2010The oil giant has reportedly renewed talks over Prudhoe Bay in Alaska, and upped its target for cash raised from disposals. […]
- Mark Cuban And Hollywood Agency Good Fit For Dodgers September 6, 2010Mark Cuban and CAA would be great for the Dodgers. […]
- Transcript: Summer 2010 September 6, 2010Some insights from Intelligent Investing summer guests such as Sheila Bair, Paul Volcker and Mark Cuban. […]
- Summer Of 2010: Reform, Media And Autos September 6, 2010Highlights of some of the summer's compelling interviews, featuring Mark Cuban, Paul Volcker, Bill Ford and more. […]
- Next Week's Guest: Burton Malkiel September 6, 2010Burton Malkiel will discuss the 10th edition of his book ''A Random Walk Down Wall Street.'' […]
- Get Briefed: The Summer 2010 Highlights September 6, 2010Intelligent Investing interviewed some of the pivotal names in recent regulatory changes this summer. […]
- Building a Cloud Businesses Will Actually Want to Use September 4, 2010We've assembled a panel to examine the business impact of cloud computing, to explore practical implementations of cloud models, and to move beyond the hype and into gaining business paybacks from successful cloud adoption. Coming to you from The Open Group Conference in Boston, the panel tackles such issues as what stands in the way of cloud use, safe […]Dana Gardner
- HP's Wallet-Busting Win September 3, 2010The insane tug-of-war between Dell and HP for enterprise storage company 3Par has finally drawn to a close. We have a winner, if you want to call it that -- the final sale price is more than double the figure Dell initially put forward when it announced its intentions to buy 3Par a couple weeks ago, so who knows how much of that is real value and how much is […]Paul Hartsock
- Making Change Happen Every Day: Q&A With GSA's David McClure September 3, 2010The U.S. government spends $80 billion annually on information technology. The U.S. General Services Administration is directly involved in nearly 25 percent of federal IT procurement activities through its Schedule 70 acquisition program, including nearly $9 billion directly for information technology investments. GSA has emerged as a leader in guiding fede […]John K. Higgins
- Marketers, Let's Get Personal September 3, 2010On Aug. 13, IBM and Unica Corporation announced they had entered into a definitive agreement for IBM to acquire Unica, a leading provider of marketing software solutions that focuses on streamlining marketing program development, execution and management to achieve improved marketing effectiveness. […]Chris Houpis and Omer Minkara
- 3Par Sale Frenzy Ends With HP the Presumed Winner September 2, 2010HP has won the bidding war it waged with Dell for data-storage company 3Par, whose shares were trading at $9.65 when Dell first tried to acquire it in mid-August. Dell decided not to match HP's $2.4 billion ($33 per share) offer, which topped Dell's bid of $32 per share. Dell first tried to acquire 3Par with an $18 per share offer on August 16, whi […]Erika Morphy
- In iTunes, All App Reviews Are Not Created Equal September 2, 2010I like walled gardens. They are safe and, for the most part, keep out the predators. However, when one sneaks over the wall, the results can be ugly, to say the least. With the iTunes App Store, one of the key supposed advantages for end-users is that it is a walled garden, and Apple is providing a safe, secure environment you can trust in. […]Rob Walch
- Do E-Readers Spell the End of Print Media? September 2, 2010Recently, library chief Helen Josephine of Stanford University's Engineering Library said that the students' search through volumes of books to get to a formula that they want is basically at an end because "with books being digitized and available through full text search capabilities, they can find that formula quite easily." […]Theodore F. di Stefano
- Intel, Infineon and the Winds of Change September 2, 2010Intel has focused solely on the computer business for so long, we forget it can pursue other avenues of growth as well. Tomorrow, all our devices will be connected and talk to each other and share information. In that new world, Intel has been looking around for another business to acquire to help expand its reach, and it chose Infineon. […]Jeff Kagan
- How to Build a Better Business Blog September 2, 2010About the easiest way for companies to dip their toes into the social media waters is the blog. There are few technical burdens to setting them up, the time needed to create posts can flex with the workloads of the assigned writers, and they can become a conduit for customer conversations through the comments section. So every business is leaping eagerly int […]Christopher J. Bucholtz
- Sony's New Touchscreen Readers Unlikely to Shake Up Market September 1, 2010Sony has updated its e-reader family of devices: the Reader Pocket, Reader Touch and Reader Daily. The new Readers offer touchscreen functionality based on infrared sensors that read taps made by a finger or a stylus. They are smaller and lighter, and have redesigned user interfaces. […]Erika Morphy
- Perspective: STAR Network’s Innovative eCommerce Payment Approach Combines Security and Consumer Confidence August 30, 2010The STAR® Online Partner service uniquely leverages the strengths of its key players to meet consumers’ need to pay for their online purchases safely. Consumers have become increasingly comfortable in recent years with PayPal’s ease of use and ability to safeguard their information. Enabling cardholders to link their PayPal® accounts to their STAR debit card […]
- Reducing PCI Scope with Tokenization Webinar Replay August 30, 2010In this webinar you will learn how you can shrink your PCI Card Data Environment (CDE) and reduce your PCI compliance effort. […]
- Best-of-breed Payment Services Solutions August 30, 2010First Data’s new white paper discusses why best-of-breed payment systems and services may be less costly in the long-run than discount bundled solutions. […]
- eCommerce Growth White Paper August 23, 2010As the eCommerce channel continues to grow across geographies and vertical markets, it will soon represent more than 10 percent of total retail sales. […]
- Implementing Tokenization White Paper August 19, 2010A surprisingly simple service-based approach makes implementing end-to-end encryption and tokenization in your payment environment simpler than you might think. […]
- Understanding the Wall Street Reform & Consumer Protection Act August 16, 2010Understanding the Wall Street Reform & Consumer Protection Act […]
- Perspective: Defining Tokenization August 9, 2010Bruce Dragt outlines a glossary of terms that differentiate encryption from tokenization and data substitution. […]
- First Data helps JM Associates FCU keep growing July 29, 2010Associates Federal Credit Union (JMAFCU) holds $80 million in assets and operates only a handful of branches, it serves a membership that’s spread out across the country. Find out how First Data supports JMAFCU’s growth with innovative solutions and superior customer service. […]
- Perspective: Visa’s Tokenization Best Practices Version 1.0 July 28, 2010A look into the recently released Tokenization Best Practices from Visa. […]
- Perspective: Secondary Gift Card Markets July 27, 2010There are many examples of secondary markets that have developed for consumers to buy and sell pre-owned products. The Internet has helped facilitate growth in this business model and today it’s easy to find sites that specialize in the resale of products such as coins, furniture, and automobiles. Is there an opportunity for gift cards to be sold the same wa […]
- Making Millions on Crowdsourced Homework September 3, 2010How skipping high school helped Student of Fortune founder Sean McCleese find success in the tutoring business […]
- Turn Any Laptop Into a Multimedia Masterpiece September 2, 2010Plextor's PX-B120U external, USB-powered Blu-ray drive adds data backup and high-def video capabilities to even the most basic portable PC. […]
- Your Business's All-inclusive Tech Solution September 2, 2010Sutus and other similar devices combine phone, file, e-mail and web servers into 1 magic box. […]
- Secrets of Crafting a Top-Notch Online Video September 2, 2010Heed these tips and you'll boost SEO and connect with more customers. […]
- Why Straightforward Salespeople Close More Deals September 2, 20104 tips to help you 'tell it like it is' with your clients […]
- Getting an Accurate Picture of Your Business September 1, 20106 tips for making sure your business reports deliver succinct, measurable insights […]
- Luxury on Loan September 1, 2010High-fashion rental entrepreneurs are giving couture-hungry consumers a small--and affordable--taste of the good life. […]
- Helping Employees Beat the End-of-Summer Blues August 31, 201010 ways to deal with mid-year burnout and revitalize your team […]
- Selling the Great Outdoors--Online August 28, 2010John Laramie and his cohorts at ADstruc are taking the multibillion-dollar industry of outdoor advertising where, inexplicably, it's never gone before: to the Web. […]
- When the World Is Your Office August 27, 2010These globetrotting entrepreneurs are turning their passion for travel into successful businesses. […]
Helpful Links
- How To Survive – and Thrive – During a Downturn September 6, 2010From Richard Branson: I'm old enough not to take a major recession lightly; on the other hand, I've seen them before, and I'm getting a feel for the market's cyclical upturns and downturns. Each generation of politicians and economists tries to flatten the cycle of boom and bust, and every generation fails. I think it's time for a ne […]
- The 'No Rules' Vacation Policy September 6, 2010From Anita Campbell: Summer is drawing to a close, and with it, vacation season. With these thoughts in mind, I was intrigued by Daniel Pink’s musings in The Telegraph about Netflix’s unusual policy. Pink writes: “At Netflix, the vacation policy is audaciously simple and simply audacious. Salaried employees can take as much time off as they'd like, when […]
- The Crazy, Worth-It Wait for Hot Doug's September 3, 2010From Ed Levine: "One of the curses and blessings of naming a place after yourself is that I believe you have to be there," says Doug Sohn, 48, owner of Hot Doug's, the wildly popular Chicago "Sausage Superstore and Encased Meat Emporium." And Doug is there. Every day. He's the embodiment of what I call the "owner-operated […]
- 4 Tips For an Easy-to-Build Budget and Strategic Plan September 3, 2010From Julie Rains: The budgeting process is on the horizon. You might be tempted to add (or subtract, depending on your outlook) 5 to 10 percent to prior year's numbers, call it a budgeting day and focus your leadership strengths on running the business. A deeper but relatively quick evaluation of your business could be useful, not only to budgeting but […]
- 5 Signs of 'Loosey-Goosey' Management September 3, 2010From Laurel Delaney: A groom used to spend whole days currycombing and rubbing down his Horse, but at the same time stole his oats and sold them for his own profit. "Alas!' said the Horse, "if you really wish me to be in good condition, you should groom me less, and feed me more." — Aesop's Fables In my role of running a company […]
- Are You Stuck in The Mobile Divide? September 3, 2010From Chris Brogan: I'm up in Newfoundland visiting relatives. Sure, there are smart phones here in the easternmost province of Canada. But because I don't want to pay huge data roaming fees, I opted to buy a prepaid mobile phone with basic services (phone and text). The results? Eye-popping. On this prepaid phone, I can call people and text people […]
- How to Be a Good Boss September 3, 2010From Matthew E. May: If you’re a boss, what do your employees really think of you? If they had a choice, would they continue to work for you? What are the hallmarks of a good boss? And as a good boss, what do you need to accomplish every day? These are just some of the major questions Stanford professor Robert I. Sutton seeks to address in his new book, Good […]
- Entering Established Markets: A Fight You Can Win September 2, 2010From Richard Branson: For every entrepreneur who has the courage to take on a Goliath with the equivalent of a slingshot and a couple of stones, there are a hundred others who'll say, "You must be kidding! There's no way I can ever compete with that monster!" For much of my business career, I've played the role of David, and loved […]
- How One Business Adds Employees – Without Adding Expense September 2, 2010From Marcy Shinder: According to OPEN’s March 2010 Small Business Monitor, 21 percent of small businesses were either “riding high” and growing or “smooth sailing,” meaning they were mainly unaffected by the recession. Even given their success, I doubt many would say what Bob Kearn of COIT Services told me: “Last year was the best year in our company’s hist […]
- How to Prepare for International Expansion September 2, 2010From Anne Field, Business Insider: Thanks to President Obama’s recently announced National Export Initiative, now may be a good time to expand your business globally. The program aims to increase financing and other support to small businesses and, ultimately, double the amount of exports over the next five years. Whether or not that goal can be attained, […]
- Research and Markets: Kazakhstan Commercial Banking Report Q3 2010 September 6, 2010Research and Markets (http://www.researchandmarkets.com/research/464fe5/kazakhstan_commerc) has announced the addition of the "Kazakhstan Commercial Banking Report Q3 2010" report to their offering. Kazakhstan Commercial Banking Report provides industry professionals and strategists, corporate analysts, banking associations, government departments […]
- Research and Markets: Argentina Commercial Banking Report Q3 2010 September 6, 2010Research and Markets (http://www.researchandmarkets.com/research/49c279/argentina_commerci) has announced the addition of the "Argentina Commercial Banking Report Q3 2010" report to their offering. Business Monitor International's Argentina Commercial Banking Report provides industry professionals and strategists, corporate analysts, banking a […]
- BlackRock Announces Investment Policy Changes for Certain Insured Municipal Closed-End Funds September 3, 2010BlackRock Advisors, LLC today announced that the Board of Directors/Trustees of each of 20 of its insured closed-end funds (the “Funds”) have approved changes to certain investment policies of the Funds. Historically, under normal market conditions, each Fund has been required to invest at least 80% of its assets in municipal bonds either (i) insured under a […]
- Indiana Business Bancorp Reports Second Quarter Results of Operations September 3, 2010Indiana Business Bancorp (OTCBB:IBBI), the holding company for Indiana Business Bank, announced results for the three months ended June 30, 2010. The Company recorded a net loss of ($484,678), or ($.32) per share, for the quarter. This compares to a profit of $37,907, or $.03 per share for the quarter ending June 30, 2009. The loss was primarily due to a pro […]
- Bank of America to Report Third-Quarter Financial Results on October 19 September 3, 2010Bank of America Corporation today announced it will present its third-quarter 2010 financial results on Tuesday, October 19. The results are scheduled to be released at 7:00 a.m. ET, followed by an investor presentation at 8:30 a.m. ET. The live webcast, accompanying presentation and other earnings-related information will be available through the Bank of Am […]
- Wachovia Preferred Funding Corp. Declares Dividend on Series A Preferred Securities September 3, 2010Wachovia Preferred Funding Corp. (NYSE:WNAPr) announced today that its board of directors has declared a regular quarterly dividend on its Series A 7.25% preferred securities. The dividend is equal to $0.453125 per Series A security. The dividend is payable on September 30, 2010, to holders of record as of the close of business on September 15, 2010. Wachovi […]
- CFSI Comments on U.S. Treasury Department's Launch of Tax Time Debit Card Program September 3, 2010The U.S. Treasury Department’s announcement of a 2011 pilot program to test the delivery of tax refunds via debit card accounts represents a critical milestone by the Obama Administration to ensure millions of underbanked consumers have access to well-designed transaction products. The pilot program, which was deeply informed by the Center for Financial Serv […]
- Research and Markets: Payment Card Issuer Strategies 2010: The Rise of The Cautious Consumer September 3, 2010Research and Markets (http://www.researchandmarkets.com/research/614cf5/payment_card_issue) has announced the addition of Javelin Strategy & Research's new report "Payment Card Issuer Strategies 2010: The Rise of The Cautious Consumer" to their offering. Due to the recent passage of widespread financial reform that directly targets payment […]
- Research and Markets: Bank of America Corporation: Corporate Analysis September 3, 2010Research and Markets (http://www.researchandmarkets.com/research/23d667/bank_of_america_co) has announced the addition of the "Bank of America Corporation: Corporate Analysis" company profile to their offering. This company profile is a premium company information product offering an unmatched depth and breadth of content. It analyzes the strategic […]
- Research and Markets: HSBC Holdings plc: Corporate Analysis September 3, 2010Research and Markets (http://www.researchandmarkets.com/research/dcb834/hsbc_holdings_plc) has announced the addition of the "HSBC Holdings plc: Corporate Analysis" company profile to their offering. This company profile is a premium company information product offering an unmatched depth and breadth of content. It analyzes the strategic positionin […]
Posts Tagged ‘electronic check acceptance’
They say the customer is always right, and that’s a good philosophy for running a successful business, but when you find that too many customers are reversing the charges on their credit card (chargebacks), you have to do your part to reduce them. Luckily, there are many things you can do. For each chargeback, you pay a fee, plus if you get too many, your processing account could be closed. There are several reasons transactions can be disputed and returned but most chargebacks occur as a result of fraud. If you can reduce fraudulent transactions, you’ll have fewer chargebacks.
When the card is presented to you, check the expiration date and signature panel. If there’s no signature, check the customer’s ID and ask the customer to sign the card. If the customer refuses, don’t accept the card. Always get an authorization of every transaction by swiping the card through your terminal. If the card won’t swipe, follow manual key procedures and get a card imprint. Be sure to match the name on the account number of the card to the information on the receipt and match the printed four-digit number to the embossed number on the card. And of course, always get a signature. Finally, look for the hologram. It will be on the front or back of the card and should reflect light and appear to move.
When the card is not present, always obtain an authorization. Ask the customer for the expiration date and include it in your authorization request along with the three-digit security code. According to Visa®, verifying the card code can reduce chargebacks significantly. It’s also a good idea to use the Address Verification System (AVS) that is a nationwide system that verifies the identity of the person claiming to own the card. It makes sure the address entered on the order form matches the cardholder’s billing address. By the way, not using the AVS will result in higher processing fees. Scrutinize orders from foreign countries extra carefully as AVS is not global.
If an order doesn’t seem quite right, call or e-mail the customer to verify that he or she placed it. If your business delivers products, use a carrier that requires a signature upon delivery. Be cautious when accepting orders from customers who use free e-mail addresses like Yahoo or Hotmail. Tracking them is almost impossible.
Finally, make sure you respond quickly to every customer service request. If customers think they are being ignored, they will call their credit card company, which will result in a chargeback.
For more information on chargeback prevention, please call us at : (800) 616-1899.
It’s Easy to Accept Checks… with TeleCheck
When a customer brings out a checkbook, you should feel confident in accepting their payment. In the past, check authorization was more of a guessing game than a science and merchants had to choose between the loss of a returned check, or the loss of a sale. You shouldn’t have to turn away business just because the customer wants to write a check. But at the same time, you need to minimize your risks. What are the chances that the check is fraudulent or that the check will be returned due to inadequate funds in the account? How do you educate employees to make that determination?
For over 40 years, TeleCheck has delivered check acceptance solutions that help merchants accelerate cash flow, lower operating expenses and increase sales. No matter what kind of business you operate, TeleCheck can help you expand your customers’ payment options.
TeleCheck Electronic Check Acceptance Warranty service combines authorization, settlement and collections. The service converts a paper check into an electronic transaction at the point-of-sale (POS). The Automated Clearing House network is used to process the transaction and fund your account generally within two business days. Plus, if a check is returned, TeleCheck manages the entire collections process giving you more time to focus on your customers.
TeleCheck Electronic Check Acceptance Verification service is the industry’s most sophisticated check verification system. It allows you to accept checks while reducing bank fees and processing costs. You get your funds sooner using TeleCheck Verification service. After the check is scanned, it’s returned to the consumer, helping to protect your customer’s personal information. The TeleCheck Verification service screens checks against information from hundreds of thousands of businesses and financial institutions, minimizing your risks.
Your business benefits because you can accept more checks with minimal risk, make fewer trips to the bank, reduce bank fees and processing costs, improve cash flow, streamline back office operations and reduce the risk of lost, stolen or damaged checks.
For more information on TeleCheck services, call your First Data Independent Sales (FDIS) sales representative 800.616.1899
Start accepting credit cards for your business.
Accept Credit Cards
Today Business owners can expand their revenue-generating opportunities by setting up a FDIS merchant account to accept credit cards, PIN-secured and signature debit cards, checks and gift cards from customers. Merchants can be assured that:
We work with our customers and use our technology, experience and resources to deliver tailored payment solutions to fit your business today We give you the ability to accept transactions in a safer, more reliable and more profitable environment
Accepting Credit Cards Is an Easy Process
Step 1: Decide on a strategy—Whether choosing to accept only credit cards or virtually every noncash transaction, including PIN-secured and signature debit cards, gift cards, TeleCheck® Electronic Check Acceptance® (ECA®) Verification Service or electronic check processing, FDIS can help businesses capture new revenue through increased payment options.
Step 2: Create a merchant account—Creating a FDIS merchant account is quick and easy. Complete a merchant application and, barring any discrepancies, most accounts are approved within 48 hours.
Step 3: Choose the best product—FDIS products are designed to suit all payment processing needs, with products ranging from hardwired transaction terminals, PIN pads and printers to wireless, handheld terminals.
About Us
First Data Independent Sales (FDIS) offers unparalleled, cutting-edge products and services to enable you to accept nearly any kind of payment option. FDIS uses First Data’s processing engine. First Data makes buying and selling easier. Many of you do business with First Data every day, although you may not realize it. Whether you’re writing a check at the gas station, using your ATM/debit card to pay for groceries, buying a book online, getting cash out of an ATM, paying for dinner with your credit card or using a gift card to purchase something special, chances are your transaction is moved quickly and securely by First Data.


