18 February 2018
visit www.nextgenbanking.co.uk/

AIB and First Data launch merchant services JV

24 January 2008  |  2933 views  |  0 Source: AIB

Allied Irish Banks p.l.c. (AIB), with a market leadership position in financial services and card acquiring in the Republic of Ireland, and First Data Corp. (First Data), a global leader in electronic commerce and payment services, following the information provided in November, and receipt of competition approval from the EU Commission, today announced the launch of AIB Merchant Services.

The new joint venture, based in Dublin, will provide card acquiring services in the Republic of Ireland, the United Kingdom and elsewhere in Europe and will deliver additional products and services and enhanced functionality to AIB's 30,000 merchant customers. It will also provide a compelling service offering for new merchants, enabling further expansion of the bank's credit and debit card acquiring business.

AIB Merchant Services further expands First Data's presence in the Irish electronic payments market. Commenting on the launch of the new joint venture company, Nadeem Shaikh, President, First Data, Western Europe, the Middle East and Africa said "This is a great opportunity for AIB's existing as well as prospective merchants to have access to the combined strengths of AIB and First Data."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comVisit www.vasco.comvisit www.swift.com/your-needs/instant-payments

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10730 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8406 views comments | 15 tweets | 42 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8108 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7836 views 3 | 9 tweets | 4 linkedin