25 June 2018
Register for the webinar today

First Data completes Cashcard acquisition

15 April 2004  |  4375 views  |  0 First Data completes Cashcard acquisition

First Data has completed its acquisition of Australian cash machine operator Cashcard. Financial terms of the transaction were not disclosed.

First Data said in December 2003 that it intended buy the Australian firm. Cashcard shareholders voted to approve the acquisition in March.

First Data has now merged Cashcard's operations with its own business in Australia and says the combined entity will process more than one billion electronic payment transactions per year and operate over 8000 ATMs across the country.

Pam Patsley, president, First Data, says: "The addition of Cashcard to First Data strengthens our position in the Australia and Asia Pacific markets."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

First Data hardware glitch overcharges Wal-Mart shoppers

First Data hardware glitch overcharges Wal-Mart shoppers

06 April 2004  |  4579 views  |  0 comments
TSYS announces job cuts; First Data boosted by Western Union

TSYS announces job cuts; First Data boosted by Western Union

05 February 2004  |  5879 views  |  0 comments
First Data and Bank One resolve contract row

First Data and Bank One resolve contract row

17 December 2003  |  4461 views  |  0 comments
First Data to divest Nyce stake in return for Concord merger approval

First Data to divest Nyce stake in return for Concord merger approval

16 December 2003  |  3369 views  |  0 comments
ITS wins $10 million Cashcard ATM contract

ITS wins $10 million Cashcard ATM contract

08 October 2003  |  2405 views  |  0 comments
Cashcard aquires Direct Cash ATM network

Cashcard aquires Direct Cash ATM network

01 July 2003  |  2620 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.aciworldwide.comVisit equensworldline.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
30207 views comments | 7 tweets | 8 linkedin
ING and BNP Paribas invest in blockchain-powered trade platform TradeIXING and BNP Paribas invest in blockchain-p...
8645 views comments | 16 tweets | 28 linkedin
Spanish banks move ahead with blockchain platform for digital IDsSpanish banks move ahead with blockchain p...
7433 views comments | 21 tweets | 27 linkedin
Brazilian regulators to share data over private blockchain platformBrazilian regulators to share data over pr...
7138 views comments | 9 tweets | 11 linkedin

Featured job

Find your next job