First Data inks Provident Bank & Trust of Belize payment processing contract

Source: First Data

First Data Corp. (NYSE: FDC), a global leader in electronic commerce and payment services, today announced it has signed a payment processing agreement with Provident Bank & Trust of Belize.

Processing Center, S.A. (PROCESA), First Data's payment processing company located in Panama, offers world-class transaction processing solutions tailored for the Latin America and Caribbean regions, and will service Provident Bank's electronic payments needs.

"We selected First Data as our strategic partner based on its extensive experience in Latin America and its flexible and feature-rich services that will allow us to better serve our cardholders," said Jose Marin, senior vice president, Provident Bank & Trust of Belize Limited.

"This agreement reflects First Data's strength in delivering market-tailored solutions to Latin America that enable a leader like Provident Bank & Trust to retain its competitive edge and offer high quality services," said Pam Patsley, president, First Data International.

"Since the inception of PROCESA in 2003, we've aggressively grown its footprint across Latin America and are uniquely positioned to serve the market with advanced card processing solutions to support our clients' long-term growth and profitability objectives," said Peter Harrington, president, First Data International, Latin America and Canada.

PROCESA uses First Data's VisionPLUS transaction processing platform to provide a wide range of payment services for credit, prepaid, gift and corporate cards. PROCESA, with 21 existing clients, is committed to continuing its growth in Latin America through a combination of market-tailored products and services unmatched in the region today.

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