FMC partner First Data now supports Apple Pay!

First Data Corporation the global leader in payment technology and services solutions, today announces its participation with Apple Pay, a new category of service that will transform mobile payments with an easy, secure and private way to make purchases from your mobile device. First Data’s support of Apple Pay will also allow businesses and their app developers to go to market quickly with powerful new apps allowing payment with a single touch.

“Apple Pay has transformed mobile payments in a way that our clients will love, and will have an impact on the industry like never before,” said Frank Bisignano, First Data’s Chairman and CEO. “We’re thrilled to bring First Data solutions to support Apple Pay, along with the financial institutions, merchants developing apps and consumers to provide an easy, safe and secure way to pay with a single touch.”

First Data’s support of Apple Pay marks another milestone in First Data’s transformation from a payments processor to a solutions provider. “Our overriding purpose is to help clients grow their businesses, and a key driver of that is through technology allowing card issuers and merchants, large and small, to bring new payment options to their customers, including revolutionary trends in mobile payments,” Bisignano added. “Staying ahead of these trends, as a grand collaborator, we are also giving developers tools they need to quickly and easily code and enable online and mobile payments, including Apple Pay.”

New Benefits for Consumers: How First Data helps protect mobile transactions

With card security more important than ever, First Data’s integrated token services support the safety of both online and point-of-sale transactions.

A process called “tokenization” ensures the consumer’s credit or debit card data is shielded during transactions. In the tokenization process, consumers enter their card information into the digital wallet of a mobile device.

With cardholder information protected by the token, account numbers are difficult to compromise, thereby reducing the risk of fraud.

New Benefits for Merchants: Empowering Businesses with a Safe, Secure Mobile Transaction

The arrival of Apple Pay opens a world of opportunity for merchants of all sizes to grow their businesses. Consumers are looking for a transaction experience that is as easy as touching a phone to a point-of-sale terminal, yet as secure, or more so, than traditional credit card transactions where the card is “swiped” through a terminal.

With industry standard Near Field Communication (NFC) technology at the point-of-sale, Apple Pay enables a seamless experience. Users simply hold their iPhone near the contactless reader while keeping a finger on Touch ID™. A brief vibration of the device lets the user know the reader successfully received the payment information, saving both time and hassle. Contactless terminals are also a popular option for merchants looking to prepare for upcoming migration to EMV™ chip card acceptance in 2015. First Data provides a range of contactless terminal options that are ready to accept both this latest technology and chip-enabled cards at the point of sale.

First Data is already powering some of the world’s leading consumer brands as they prepare to welcome customers ready to use this latest payment technology.

*For more information on Apple Pay for your coffee shop, please give us a call at 1 (800) 961 5282 x. 310 (currently in the U.S. only)