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March 3, 2016updated 04 Apr 2017 3:59pm

ABN AMRO partners with First Data for payment services

ABN AMRO has teamed up with First Data to offer a range of digital and cash payment methods to businesses with physical and online stores.

By Verdict Staff

ABN AMRO has teamed up with First Data to offer a range of digital and cash payment methods to businesses with physical and online stores.

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The bank will deliver these services through its joint venture European Merchant Services (EMS), which processes credit card and debit card payments for businesses.

The bank is planning to expand this service to all of its business clients later in 2016.

ABN AMRO Corporate Banking director of products & business development Berend Dinkla said: "We are pleased that, based on our new partnership, we can now offer clients a single contract with payment solutions for both webshops and physical stores. Together with our partners EMS and First Data, we will continue to invest in relevant payment solutions."

European Merchant Services general manager Bart Damstra said: "The partnership between First Data, ABN AMRO and EMS has enabled us to further increase our footprint in the payments industry. We are committed to further developing our product offering to make payments even more convenient for our clients."

First Data head of global business solutions EMEA Shane Fitzpatrick said: "Through this exciting partnership, First Data and ABN AMRO will be able to offer clients a true omni-channel experience: innovative point-of-sale, mobile and online solutions that connect businesses with their customers."

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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