ข่าวประชาสัมพันธ์ Press Releases ข่าวย้อนหลัง หัวข้อข่าว บลอก

Korea: First Data to acquire Korea Mobile Payment Services

Stocks and Financial Services Press Releases วันพฤหัสบดีที่ ๒๗ ตุลาคม พ.ศ. ๒๕๔๘ ๐๙:๔๔ น.
ขนาดตัวอักษร: ใหญ่ กลาง เล็ก

First Data Corp. (NYSE: FDC), a global leader in electronic commerce and payment services, today announced that it has signed an agreement to acquire approximately 80% interest in Korea Mobile Payment Services (KMPS), a leading provider of Value-Added Network (VAN) services. The acquisition is expected to complete by the end of 2005.

Under this agreement, First Data will acquire the majority shareholding in KMPS and lead the operations in the Korean market along with the KMPS management team, offering the full portfolio of First Data's commerce and payment services to clients across the country.

A landmark move for First Data in the Korean payment service market, this strategic acquisition is another step in expanding First Data's presence in the fast-growing Asian market. First Data sees this acquisition as further building its presence in other North Asian countries and the wider Asia Pacific region, and comes on the heels of a recently announced long-term managed services agreement with DBS in Singapore.

Mr. Nigel Lee, President of China & North Asia of First Data International, said, "Korea is a fast-growing credit card market with huge potential considering it is one of the top five countries in terms of transaction volume in the world with almost 100% merchant acceptance of payment cards. KMPS' well-established merchant portfolio and transparent management philosophy are excellent complements to our current Asia business."

Pam Patsley, president, First Data International said, "We are excited about our expansion in Asia it demonstrates our long-term commitment to Korea and the region and complements our existing data center and processing operations in Shanghai. With KMPS, we will provide Korean merchants and financial institutions with value-added, world-class commerce and payment services."

Established in 2000, KMPS is a leader in Korea's VAN service market, providing financial payment services including VAN services and terminal interface services to about 250,000 local merchants with focus on small and medium-size customers.

"We are glad that First Data has selected KMPS as its local partner for entering the Korean market. By combining KMPS' extensive customer network in the domestic VAN market with First Data's global expertise in the electronic commerce and payment fields, the company will provide a diverse range of service and product offerings to financial institutions that bring customers significant value and better operational efficiency," said Mr. Douglas Guen, CEO of KMPS.

Officiating at the signing ceremony, Mr. Alan Timblick, Senior Vice President of Korea Trade-Investment Promotion Agency, (KOTRA) said, "it is encouraging to see a world-renowned player such as First Data acquiring KMPS and providing its know-how in payment services technology from a global standards perspective that jointly contributes to the growth and development of the Korean financial market."

--www.theasianbanker.com (October 27 2005)--

ขนาดตัวอักษร: ใหญ่ กลาง เล็ก

ข่าวประชาสัมพันธ์ที่เกี่ยวข้อง

Visa Launches Mobile Platform

Paves the Way for Worldwide Commercial Deployment of Mobile Payments and Services Delivering on its global mobile strategy, Visa today launched a mobile platform that lays the foundation for the commercial availability of mobile payments and services to m...

Jap: JCB to launch QUICPay mobile payment

JCB, a leading international payment brand, is happy to announce that JCB Co., Ltd. is teaming up with NTT DoCoMo Shikoku, Inc. and Symbol Tower Development Corporation to offer QUICPay(TM) Mobile contactless payment service at 23 stores and restaurants i...

Deutsche Bank announces globalization of its payment and cash management solutions

Deutsche Bank Global Cash Management has firmly established itself as the global provider for payment solutions to financial institutions by offering cutting-edge, feature-rich payment services in the world's top currencies: US Dollar, Euro, and British P...

หัวข้อข่าวที่เกี่ยวข้อง

หัวข้อข่าวยอดนิยม

กรมสรรพากร ธนาคารกรุงเทพ ธนาคารกรุงไทย ธนาคารออมสิน ไปรษณีย์ไทย การบินไทย ธนาคารกสิกรไทย hotmai เพียวริคุ jobbkk ธนาคารไทยพาณิชย์ คาราบาว ดีแทค ไทยพาณิชย์ แจ่มใส เมเจอร์ ธนาคารอาคารสงเคราะห์ 12car กรุงไทย ธนาคารกรุงศรีอยุธยา กระทรวงสาธารณสุข การรถไฟแห่งประเทศไทย มิตซูบิชิ เมืองทอง ธนาคารทหารไทย ตลาดหลักทรัพย์แห่งประเทศไทย ซัมซุง มาม่า วันทูคอล ธนาคารแห่งประเทศไทย กระทรวงพาณิชย์ เวลาประเทศไทย ปตท ธอส บิ๊กซี กรมอุตุ กรมศุลกากร แม็คโคร ธนาคารกรุงศรี กระทรวงการคลัง