First Data is adding BlueSnap's e-commerce tools to consolidate the expanding menu of payment options that acquirers and financial institutions must juggle.
The partnership will combine
“As the number of payment methods, integrations, and check-out flows endlessly expand, providing a single platform to consolidate them brings value to business owners looking to analyze their data to make business decisions,” Ralph Dangelmaier, CEO of BlueSnap, said in a Wednesday press release. “First Data is the optimal partner because only First Data allows merchants to seamlessly integrate with BlueSnap and with one integration instantly be connected to dozens of local banks.”
First Data and BlueSnap will work together to offer BlueSnap’s e-commerce services to First Data’s bank and distribution partners, a process expected to help clients obtain the payments innovation needed to meet their customers' expectations in a global economy.
BlueSnap will also have access to First Data’s distribution partners, including some of the world’s largest banks. First Data will serve as BlueSnap’s primary provider for all acquiring, processing, and settlement of payment card transaction and related services.
