Auctionbytes-NewsFlash, Number 156 - September 05, 2001 - ISSN 1539-5065
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Online Payment Service MoneyZap Offered on Achex Platform
By Ina Steiner
AuctionBytes.com
First Data Corp., which owns Western Union and recently acquired Achex Inc., will soon provide the Western Union MoneyZap service on the Achex platform. First Data Corp. acquired Achex Inc. in July to meet the growing need for online business-to-consumer payments. Western Union's MoneyZap service will continue to handle person-to-person transactions, but will now provide businesses with an online payment service that can be integrated into their current payment options quickly and easily.
"First Data is a global leader in payment processing for merchants in the brick and mortar world and we are committed to replicating that expertise in the online world as well. By providing the MoneyZap service on the Achex platform, First Data businesses will be well positioned to meet the future online payment processing needs of both businesses and consumers," said Elaine Bolle, president of Achex.
First Data Corp. serves approximately 2.6 million merchant locations, more than 1,400 card issuers and millions of consumers.
http://www.achex.com
http://www.westernunion.com
http://www.firstdata.com
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