Banco Vimenca Selects First Data For Payment Processing

Friday 23 April 2004 11:05 CET | News

First Data has signed a processing agreement with Banco Vimenca S.A. in the Dominican Republic.

Processing Center, S.A. (PROCESA), a company recently formed by First Data and Banco General S.A., offers world-class payment processing solutions, customized for the Latin America and Caribbean regions, and will service Banco Vimencas electronic payments, credit and debit cards needs. PROCESAs operations center is located in Panama City, Panama. It uses First Datas VisionPLUS transaction processing platform to provide a wide range of payment services for credit, prepaid, gift and corporate cards. PROCESA, with 18 existing clients, plans to aggressively expand its presence in this marketplace. First Data also partners with Vimenca, parent company of Banco Vimenca, through the First Data subsidiary, Western Union Financial Services, Inc. Vimenca is one of the largest Western Union agents in the Caribbean.

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Categories: Payments & Commerce | Payments General
Countries: World
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