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Fidelity National signs Pipeline Data to processing deal

25 January 2008  |  1799 views  |  0 Source: Fidelity National Information Services

Fidelity National Information Services today announced a new agreement with Pipeline Data, a leading provider of electronic commerce and payment solutions.

Pipeline Data services approximately 40,000 active merchants. Under the agreement, FIS, a global leader in the payment processing industry, will provide comprehensive, back-office merchant processing services, including settlement, charge-back processing, retrieval services and customer support.

"After analyzing several providers, our management team determined that FIS is the best choice to support our overall business objectives," said MacAllister Smith, chief executive officer of Pipeline Data.

"We are excited to be working with Pipeline Data," said James A. Susoreny, executive vice president of the Integrated Financial Services division of FIS. "Pipeline is a major player in the industry, and we look forward to providing Pipeline and its clients with top-notch services and leading technology."

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