First Data Offers $20,000 Working Capital Strategy for Small Businesses

ATLANTA, GA--First Data Corp., a 43-year-old, Atlanta, GA-based global payment processing company with a merchant base exceeding 4.1 million locations worldwide, offers small businesses, including real estate firms, a strategy to obtain $20,000 of working capital in short order, according to Account Executive John Tunde Freeman.

Freeman states the company’s “advanced solutions” program is the key.  “We have the best solutions in the market place,” he says.  “Confuse your predators by transforming your credit card data into something entirely different.”

Freeman cites the TransArmorSM solution from First Data is “a unique combination of encryption and tokenization.”

He says, the TransArmorSM solution “armors and transforms payment card data into a randomly generated token number. The token is meaningless to anyone who may breach your database, protecting both you and your customer.”

Freeman points out First Data’s Advanced Business Products program helps expand small businesses’ volume by offering:   

---Cash advances provide quick working capital.

-ATM Solutions to increase store traffic

---Gift Cards increase store traffic and customers make your business a frequent destination

---Electronic Check Acceptance allows small businesses to accept checks from anywhere "just like a credit card," Freeman states.

---Wireless Terminals to give businesses efficiency and mobility

---E-Commerce Solutions to allow businesses to accept credit/debit cards over the internet

-POS (point of sale systems) for restaurant and retail to improve efficiency and ensure effective management of the  business

First Data’s portfolio includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions, credit reporting agency services (through First Data Merchant Services Corporation); electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions.

The company's STAR Network offers PIN-secured debit acceptance at ATM and retail locations.

Contact:

John Tunde Freeman

Account Executive

Phone (770) 303-1540

Fax  (877) 505-1823

(402) 916-2865

 john.freeman@firstdata.com 

www.firstdata.com