Suncorp General Manager Retail Deposits, David Foster, said, "Suncorp recently became a direct acquirer of VISA and MasterCard transactions to assist in expanding our merchant business within Australia. We selected First Data because of their ability to provide a dynamic, global merchant processing platform capable of meeting the varied needs of our business customers".
Under the terms of the agreement, First Data will support merchant environments that require around the clock mission critical payments processing. The platformâs infrastructure not only meets Suncorpâs current processing requirements but it can also accommodate significant merchant business expansion.
"We are delighted to be extending our decade long relationship with Suncorp," said Peter Blackett, vice president marketing and product management, First Data International - Australia, New Zealand and South Asia. "Our OmniPay technology platform and processing solution is designed to actively manage the entire merchant acquiring payment processing cycle, delivering the power, functionality and compliance that acquirers and merchants demand."