Wells Fargo extends First Data debit processing deal

Source: First Data

First Data, a global leader in electronic commerce and payments, has signed a multi-year contract extension with Wells Fargo Bank to provide debit processing services to Wells Fargo for its 19.6 million debit cards.

First Data also provides Wells Fargo with consumer credit and small business card processing services, statement production and mailing, plastic card personalization and fraud detection services.

"First Data is pleased Wells Fargo has extended our longstanding relationship," said Matt Lewis, president of First Data Financial Institution Services. "Wells Fargo is an innovator, and we continue to support them with technologies that help them build stronger, more valuable customer relationships."

"Wells Fargo has enjoyed a long relationship with First Data, and we are pleased to announce the extension of our agreement," said Ed Kadletz , executive vice president and Debit Card business manager of Wells Fargo Card Services.

Wells Fargo has been a First Data client since 1971. Through the years, Wells Fargo and First Data have worked closely together to drive innovation in the payments industry.

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