Fortune 500 Company : First Data Corporation

2813 Words Mar 30th, 2015 12 Pages
Eduardo Segantine
MAN 3506
Professor Ravi Behara
Operation Management Research Assignment
March 10, 2015

Fortune 500 Company – First Data Corporation

Introduction

First Data Corporation powers the global economy by making people and businesses to purchase products and services easily, quickly and securely, using virtually all types of electronic payments. No matter if a payment is made with a gift card, a credit or debit card, or even a check, First Data always processes the transaction and safely use the power of information in favor of millions of merchants and thousands card issuers distributed among 36 countries, offering them intelligent services and greater awareness of their customers. They also offers a set of solutions to help retailers to attract and retain customers, such as loyalty programs where guests receive points that can be redeemed for prizes or discounts every time they use their cards. First Data Corporation is a global leader in electronic commerce and payment processing.

First Data is in the data processing industry. This industry is where an organization that stores, process and transmits all of the cardholder data, most common on credit cards and debit cards. Also, in electronic commerce in website and software’s that require some form of payment. This industry continues to expand and widen due to merchant acceptance, the increase use by consumers of bank cards, the increase use by consumers of online platforms and the advances in technology in…
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