First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced the integration of CardConnect and BluePay, two companies First Data acquired last year. The strategic combination of these two companies streamlines First Data’s integrated software vendor (ISV) offering, allowing software companies to more easily add secure payment processing within SaaS, mobile, and point-of-sale applications.
CardConnect and BluePay share a common vision of developing solutions and partnership models that serve ISVs. These offerings consist of:
- APIs and SDKs for integrating omni-channel payments
- PCI-certified point-to-point encryption (P2PE) and tokenization
- Partner tools for merchant on-boarding and portfolio management
- Transparent transaction and residual reporting
- Sales and marketing programs for driving merchant adoption
The two companies have merged their technology, operations and sales teams in order to accelerate the development of new ISV-focused technology and deliver increased value to their software partners.
“First Data is committed to creating an ecosystem that helps the developer and software community realize the full advantages of integrated payments,” said First Data Chairman and CEO Frank Bisignano. “We brought CardConnect and BluePay into the First Data family to evolve our ISV business into being a world-class offering. Combining these two organizations is the natural next step in furthering our momentum in the high-growth ISV space.”
While CardConnect and BluePay will consolidate their offerings under the CardConnect brand, creating a single home for First Data’s integrated solutions, the BluePay payment gateway will continue to be a key platform providing additional integrated solutions.
“CardConnect and BluePay partners have already experienced immediate benefits from the size and scale of First Data,” said CardConnect CEO Jeff Shanahan. “Rapidly adding value to our ISV platform remains a priority, and it’s something that will only continue as we work with BluePay to tap into First Data’s international capabilities and powerful line of Clover products.”
“Upon joining First Data, the advantages to existing BluePay partners were clear,” said BluePay CEO Bala Janakiraman. “This move will make CardConnect’s powerful partner portal, CoPilot, accessible to our partners who have integrated to the BluePay Gateway, allowing them to continue to thrive. In addition, CardConnect partners will benefit from BluePay’s robust gateway, fraud management tools, account updater, and an expansive selection of payment plugins for business management software in a variety of verticals.”
For the hundreds of ISV partners working with CardConnect and BluePay today, the blending of these two organizations is designed to provide added functionality without requiring changes to existing technical integrations.
For more information about First Data’s ISV solutions through CardConnect, visit cardconnect.com/isv.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company’s 22,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year.
