First Data and Bank One Sign Agreement for Processing Transition

First Data and Bank One Sign Agreement for Processing Transition 


OMAHA, Neb., Dec. 16  /PRNewswire-FirstCall/ -- First Data Corp. , a national
leader in electronic commerce and payment services, today announced that it has
agreed to continue providing card processing services, including output
services, to Bank One beyond June 30, 2004 and up to September 30, 2005 at the
parties' discretion. The agreement resolves a pending arbitration.  Financial
terms of the agreement were not disclosed.

About First Data

First Data Corp. (NYSE:FDC), with global headquarters in Denver, helps power the
global economy. As a leader in electronic commerce and payment services, First
Data serves approximately 3 million merchant locations, 1,400 card issuers and
millions of consumers, making it easy, fast and secure for people and businesses
to buy goods and services using virtually any form of payment. With 29,000
employees worldwide, the company provides credit, debit, smart card and
stored-value card issuing and merchant transaction processing services; Internet
commerce solutions; money transfer services; money orders; and check processing
and verification services throughout the United States. First Data also offers a
variety of payment services in the United Kingdom, Australia, Canada, China,
Japan, Mexico, Spain, the Netherlands, the Middle East and Germany. Its Western
Union and Orlandi Valuta money transfer networks include approximately 169,000
Agent locations in more than 195 countries and territories. For more
information, please visit the company's Web site at http://www.firstdata.com/ .

Contact:  Nancy Etheredge, 402-222-6214, 

FDC-1 

DATASOURCE: First Data Corp.



CONTACT:  Nancy Etheredge of First Data Corp., [phone],

 



Web site:  http://www.firstdata.com/ 

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