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Home > Fortune 500 Companies > First Data
First Data
First Data is the first electronic money transfer was founded in 1871. First Data has been erasing geographic boundaries to connect people across the globe. First Data provides financial institutions with tailored solutions for in-house or outsourced issuer and acquirer transaction processing. David P. Bailis is the President, First Data Financial Institution Services. Ed Labry is the President, First Data Commercial Services. The company's STAR Network offers PIN-secured debit acceptance at 1.9 million ATM and retail locations. It has 33,000 employees worldwide.
First Data provides service for Consumers, Grocery Stores, Petroleum and Convenience Stores, Retailers etc. An electronic payments network providing online, real-time transaction services, STAR lets you tap into a vast nationwide network and withdraw money or make PIN debit payments all across the county, at banks and grocery stores, gas stations and restaurants.
First Data Corp. is a leading provider of electronic commerce and payment solutions for businesses and consumers worldwide. Serving 4.6 million merchant locations, 1,500 card issuers and millions of consumers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment.
First Data owns all of the outstanding shares of stock in its Western Union subsidiaries. In the past, there were other corporations that used Western Union in their name but those corporations are not associated with First Data and no longer use the Western Union name. Any stock that you hold would be from one of these corporations.
One recent example is a company that changed its name from Western Union to New Valley Corporation. First Data uses Wells Fargo Bank Minnesota, N.A to provide the operational, administrative and management services required to perform stock transfers including that Maintenance of all shareholder names and addresses and recording and processing all changes Issue and register all certificates Replace lost, stolen or destroyed certificates Record all certificate transactions Process all legal transfers.
First Data stock must be purchased through a registered broker. First Data does not have a Direct Stock Purchase Plan at this time. First Data has manufacture products and provide services and enable virtually every type of transaction anywhere in the world, anytime safely, reliably and securely.
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