ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

FDC First Data Corporation

31.69
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
First Data Corporation NYSE:FDC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.69 0 01:00:00

First Data Acquires ayCash, a Leading Digital Merchant Network Services Provider in Germany

21/03/2019 10:45am

Business Wire


First Data (NYSE:FDC)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more First Data Charts.

First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today announced that it has acquired ayCash, a German-based provider of cashless payment terminals and digital merchant services.

Founded in 2008 by Hans Hezel, ayCash operates well-known digital properties, YesCash and Cash4Less, and offers technical solutions for Girocard and credit card acceptance to DACH-based merchants. Its services include the ability for businesses to buy or rent high-speed card acceptance terminals (stationary and wireless) as well as support for dispatch, installation and maintenance.

“I’m extremely enthusiastic about this deal as it will be tremendously positive for both companies,” said Hans Hezel, Founder of ayCash. “As part of First Data we will be able to further improve our products and services and therefore grow our customer base in Germany, Austria and Switzerland.”

“ayCash has a growing client base, serving the increased demand for cashless technology in Germany and the region,” said Jrg Brand, General Manager, DACH at First Data.

“We continue to see strong growth in Germany and are committed to continuing to serve our customers in the region today and into the future,” said John Gibbons, Executive Vice President, Head of EMEA & Co-Head of Global Financial Solutions at First Data. “In fact, according one of our recent surveys of cashless trends in Germany, we revealed that as many as 54% of German consumers expect cash to become obsolete in as little as a few years.”

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and more than 3,700 financial institutions in more than 100 countries around the world. The Company’s 19,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.6 trillion per year. For more information, visit www.firstdata.com and follow us on Twitter at @FirstData and LinkedIn.

InternationalMichael SchneiderCorporate CommunicationsFirst Data+ 1-212-515-0290Michael.Schneider@firstdata.com

GermanyMatt RootsFirst Data+44 1268 296585Matthew.roots@firstdata.com

Nicole Jung (German speaker)Beachhut PR+353 86 8854119nicole@beachhutpr.com

1 Year First Data Chart

1 Year First Data Chart

1 Month First Data Chart

1 Month First Data Chart

Your Recent History

Delayed Upgrade Clock