TITLE

First Data Reports Flat Q4 Growth In Card-Processing Revenue

AUTHOR(S)
Woodward, Kevin
PUB. DATE
March 2010
SOURCE
CardLine;3/19/2010, Vol. 10 Issue 12, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that First Data Corp. has reported flat growth in fourth-quarter card-processing revenue. It has generated revenue of 819.5 million dollars in retail and alliances services for the quarter, down slightly from 819.8 million dollars during the same period a year earlier. During the year, First Data started a merchant-processing joint venture with Bank of America Corp., and renewed the Wells Fargo Merchant Services LLC processing alliance with Wells Fargo Co.
ACCESSION #
48848603

 

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