STRATEGIC PARTNERS
December 18, 2001
OMAHA, Neb. and DAYTON, Ohio -- First Data Resources, the nation's leading debit card processor and a subsidiary of First Data Corp. (NYSE: FDC), has signed a worldwide licensing agreement with Gasper Corporation to use Gasper Manager -- the company's ATM management software.
First Data will leverage its recent majority interest deal with NYCE Corporation, an existing user of Gasper products, to provide fully-automated ATM monitoring and dispatching services to its U.S. terminal deploying clients. First Data will also implement and provide the services through its operation in Australia, which is one of the largest electronic funds transfer businesses in that country.
All together, the services will be available to clients representing more than 15,000 ATMs throughout the U.S. and Australia.
"First Data and NYCE understand that our client's ATM availability ultimately impacts its customer service and profit objectives," said Diane Piccolo, senior vice president of debit services for First Data Resources. "Our agreement with Gasper will help clients maximize ATM availability and further demonstrates the value that First Data and NYCE's combined
capabilities provide to online and offline debit issuers."
First Data announced earlier this year that it acquired a 64 percent equity interest in NYCE Corporation. With the addition of NYCE, First Data expects to process more than one billion online debit point-of-sale transactions a year. The company established direct connections to five of the major U.S. debit networks in 2001.
Since 1992, First Data also has operated First Data Resources Australia, one of the largest debit switches in that country.
