First Data

First Data Corporation was a financial services company headquartered in <a href="/facts/Atlanta/8hPVGb78">Atlanta</a>, <a href="/facts/Georgia_(U.S._state)/KKnTDY6F">Georgia</a>, United States. The company's <a href="/facts/STAR_(interbank_network)/cgwYLvjx">STAR Network</a> provides nationwide domestic debit acceptance at more than 2 million retail <a href="/facts/Point_of_sale/DwUHVn2v">POS</a>, <a href="/facts/Automated_teller_machine/8y5eVFUr">ATM</a>, and at online outlets for nearly a third of all U.S. debit cards.
First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US <a href="/facts/Credit_card/7pKSB5LD">credit</a> and <a href="/facts/Debit_card/A9C9sNeB">debit</a> transactions, including handling prepaid <a href="/facts/Gift_card/wf2SvhuF">gift card</a> processing for many US brands such as <a href="/facts/Starbucks/tfrTP31s">Starbucks</a>. It processes around 2,800 transactions per second and $2.2 trillion in card transactions annually, with an 80% <a href="/facts/Market_share/kvXSlhlB">market share</a> in gas and groceries in 2014. First Data's SpendTrend Report is frequently used by national news networks such as <a href="/facts/USA_Today/mMa7JSPN">WSJ, USA Today</a>, <a href="/facts/ESPN/1FeLYofR">ESPN</a>, <a href="/facts/The_New_York_Times/T9marWVX">The New York Times</a>, <a href="/facts/Vox_Media/axUrWPG9">Vox Media</a>, and <a href="/facts/Bloomberg_L.P./2NCtubRH">Bloomberg</a>.
On January 16, 2019, <a href="/facts/Fiserv/lPjHuXbe">Fiserv</a> announced a deal to acquire First Data in an all-stock deal with equity value of $22 billion. Fiserv completed the acquisition of First Data on Monday, July 29, 2019.

First Data open-in-new

First Data