First Data Corporation, a global leader in electronic commerce and payment processing, today shared highlights from its Q3 2012 US Product Release.
In a continuing effort to power a new era of Universal Commerce, First Data has made its solutions even easier to use through updates to the First Data point-of-sale (POS) terminal line and enhancements to integrated applications.
First Data FD400GT Launched
The First Data FD400GT wireless terminal allows on-the-go merchants to take advantage of electronic payments. Traditional wired payment terminals that require power are not suitable for businesses that provide products or services in homes, at trade shows or other non-traditional retail locations. Merchants can now opt for the FD400GT, a light-weight full function POS device with touch-screen interface that connects wirelessly over 3G technologies. The FD400GT terminal is targeted to be contactless and EMV-enabled in 2013.
New ADA-Compliant Keypads for First Data Terminal Line
Americans with Disabilities Act (ADA) required the change of First Data's terminal keypads for any device manufactured after March 15, 2012. All key pads on First Data POS devices have been updated to the global standard to improve access for all users.
In addition to serving merchants and financial institutions, First Data's Government unit processes over $2 trillion in different tax payments annually for its government customers.
First Data Retail Solution Update
The First Data Retail Solution application has been updated and released into production effective Sept. 1, 2012 to support tax functionality to comply with privatized liquor and spirit sales in the State of Washington. All new systems sold after this date will be deployed to customers with this version of the First Data Retail Solution application.
Money Network Joins Walmart Rapid Reload
Through Walmart's new Rapid Reload service, Money Network reloadable prepaid cardholders are now able to load cash at any register at more than 3,800 Walmart storees nationwide with just a swipe of the card. Money Network provides merchants, financial institutions, employers and higher education institutions with payroll, general purpose reloadable (GPR) and financial aid disbursement solutions.
First Data Online Banking Enhancements
Personal Financial Manager (PFM) is an integrated application within First Data Online Banking that enables customers to categorize spending, track savings and debt and determine net worth. PFM drives online banking adoption and offers financial institutions the ability to increase customer loyalty and client retention. The First Data Online Banking user interface was also recently enhanced with new features and functionality including a focus on an updated, crisp, clean look-and-feel and greater navigation functionality with sub-menus for transfers, cash management, alerts and messages.
"Because of the rapid evolution of Universal Commerce, First Data is continuously advancing our capabilities to better address the needs of our customers and further enhancing the consumer experience," said Mark Herrington, First Data executive vice president of Global Product Management and Innovation. "This latest quarterly release illustrates our focus on delivering smart devices and integrated applications by improving the accessibility of our terminal line for all and making our online applications more integrated and even simpler to use."
Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.