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FDMS CMS Partner
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First
Data Merchant Services Corp., (FDMS) and Certified Merchant Services (CMS)
have signed a long-term contract for merchant processing services,
according to CMS company officials. CMS, a Texas-based ISO, sources over
2000 new merchant accounts per month, focusing on small merchants
including retail MO/TO, wholesale, start-up, high risk, home-based, and
e-commerce.
“First Data is an excellent partner that has the focus and expertise the
ISO world requires,” said Jon Frankel, president of CMS. “First Data
provides the merchant processing solution we need to continue to grow and
the flexibility to do so at a fast pace.” This agreement facilitates the
existing strength First Data has in the ISO market and is expected to
bring in over 20,000 new accounts.
Kurt Strawhecker, senior vice president of First Data said, “This
relationship demonstrates First Data’s ability to develop products and
services that the ISO community needs to continue growing at such a rapid
pace, and our proficiency to bring key players together to deliver a
successful program.”
FDMS serves more than 2 million merchant locations and 1,400 card issuers.
The company provides credit, debit and stored-value card issuing, and
merchant transaction processing services, Internet commerce solutions, and
check processing and verification services. For more information, visit
the company’s Web site at www.firstdatacorp.com.
Certified Merchant Services, Inc., established in 1991, offers programs
through their bank and processing relationships. Programs are tailored to
individual merchants and include credit, debit, check guarantee,
electronic check transaction, EBT, and electronic gift cards. For more
information visit the company’s Web site at www.cms-i.com.
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