First Data collaborates with Banco Nacional Ultramarino to serve Macau businesses
03 December 2014 | 2636 views | 0
Source: First Data
First Data Merchant Solutions (FDMS) Macau, First Data’s direct-to-market merchant acquiring business in Macau, and Banco Nacional Ultramarino (BNU), a leading commercial bank, today announced a strategic alliance to provide merchant services and payment solutions for merchants in Macau.
The agreement allows FDMS, through BNU, to provide full service acquiring and processing capabilities for Macau merchants, including point-of-sale and e-commerce services.
Merchants in Macau will gain access to FDMS’s longstanding experience in the Asia-Pacific region, regional payments network and innovative payments solutions, allowing merchants to focus on the success of their business.
The alliance comes at a time when with rapid growth in its retail and tourism industries, FDMS and BNU see merchants in Macau increasingly demand more efficient payment solutions to provide enhanced customer payment experiences and engagement.
Ravi Pochiraju, General Manager of FDMS, said, “Our alliance with BNU bank highlights our commitment to servicing the growing market of Macau. Macau SAR sees 30 million visitors yearly and FDMS is well positioned to help merchants in tourism, retail and hospitality better serve these visitors with our suite of innovative products and solutions and global payment expertise.”
Pedro Cardoso, CEO of BNU said “We are pleased to be able to collaborate with FDMS, a world leader in payment services. With BNU’s experience and customer base and FDMS’s strong leadership position in Asia Pacific and secure and stable payments platform, we see great opportunities to help our customers grow.”