Printer Friendly

DataCard transaction terminal approved for First Data Networks.

OMAHA, Neb.--(BUSINESS WIRE)--Feb. 9, 1995--First Data Corp.(R)/Card Services Group has approved the DataCard 640-SV transaction terminal for use on First Data's payment authorization networks.

The DataCard terminal features a large, 2-line x 16-character display that eliminates the need for confusing cryptic abbreviations. It offers a 20-position keypad that allows operators to complete transactions without complex codes. The 128K RAM allows users to store complex applications and still have capacity to handle large batch transactions.

"This is good news for our clients and the merchants they serve," said Pat Bazley, vice president of merchant sales for First Data. "Our merchant bank and ISO clients now will have more options -- including credit and debit -- and more flexibility when they're developing payment authorization solutions for their customers."

"We spent a lot of time talking to banks, ISOs and merchants to determine exactly what they want in a terminal," said John Miller, vice president of marketing for DataCard's transaction systems group. "We found a widespread need for a high capacity memory, a two-line display, ease of use and a low price. The 640-SV offer all of those advantages in one package."

Omaha-based First Data Corp./Card Services Group is the world's leading processor of transaction cards and other card-based services, providing services to more than 1.3 million merchants and 700 financial institutions.

First Data Services Group is a division of First Data Corp. (NYSE:FDC), a leading provider of high-quality, high-volume information processing and related services to the transaction card, payment instruments, teleservices, mutual funds, health care, receivables and information management industries. In 1994, the company had a net income of $208 million on revenue of $1.7 billion.

DataCard Corp., a privately-held company based in Minneapolis, Minn., is the world leader in providing innovative plastic card solutions. The company offers a spectrum of card-related products and services including transaction terminals, plastic cards, embossing and encoding systems, smart card solutions, card personalization and mailing services, photo identification systems and on-site badging services.

CONTACT: Synetta Armstrong

402/222-5752
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 9, 1995
Words:338
Previous Article:REDDI BRAKE ANNOUNCES COMPLETION OF $6.9 MILLION PRIVATE PLACEMENT OF CONVERTIBLE SUBORDINATED DEBENTURES.
Next Article:The Hibernia Savings Bank elects new director.
Topics:


Related Articles
Corporate Profile for DataCard Corporation, dated May 10, 1996.
Amoco certifies DataCard POS solution.
DataCard Partners With CSI To Offer Card-Based Loyalty Solution To Merchants.
DataCard Instant Issuance System Allows Branch Banks to Issue Visa-Branded Financial Cards.
CSI Announces Alliance With DataCard Corp.
"DATACARD VIANET" DATA RETRIEVAL SOFTWARE INTRODUCED.
DataCard Becomes the Single Non-Integrated POS Vendor for Amoco Jobbers.
Datacard Implements GlobalPlatform Scripting Process for Personalizing Visa's New TIBC-III Smart Card.
Datacard Launches Eight New Smart Card Solutions for Visa Member Banks.
MasterCard and Datacard Sign Strategic Alliance for Smart Card Solutions.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters