We are pleased to announce that First Data has acquired full ownership of Merchant Solutions, formerly a joint venture with Standard Chartered Bank, and has renamed the business First Data Merchant Solutions. This change is aimed at better leveraging First Data’s global capabilities with a business model 100% focused on providing best-in-class merchant processing to customers across Asia.
First Data is positioned to help you be successful with your business - whether you operate locally, regionally, or around the globe. As the world’s largest payment processor, with operations in 34 countries and more than 6 million merchant locations worldwide, First Data has a deep understanding of the payments industry and can offer merchants innovative, secure and value-added solutions.
Merchant Solutions customers will continue to receive the same high quality service under the First Data Merchant Solutions brand. The new name will not impact your contracts or service provisioning, since all support and services will continue to be provided by current First Data resources throughout the region. Any other products and services that you have with Standard Chartered Bank will not be affected.
Should you have any questions or concerns about the change in name, please contact your sales representative. In the meantime, we would like to thank you for your business and we look forward to building our relationship going forward.