First Data, Chase Paymentech ink processing deal

First Data, Chase Paymentech ink processing deal
Tags: Bank / Credit Union, Debit / Credit, Other, Public Companies, Transaction Processing
September 14, 2006

DENVER - First Data Corp. and Chase Paymentech Solutions, a merchant acquirer, announced Sept. 12 that they've signed a five-year global e-commerce processing deal.

Under the agreement, First Data International, utilizing its OmniPay processing solution, will provide payment-processing services to Chase Paymentech's portfolio of global e-commerce merchants.

"Our OmniPay solution is an integral part of our worldwide merchant strategy providing our acquiring partners with flexible solutions to meet their needs," said Pam Patsley, president of First Data International.