Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Secure electronic transaction solutions provider Keycorp Limited (ASX:KYC) has signed a managed payment services deal to provide EFTPOS terminals and maintenance services to First Data Resources Australia.
As part of the agreement, First Data’s existing
EFTPOS terminals will be replaced, over time, with new terminals and
software. Keycorp will manage, support, and assist First Data to grow
the fleet of terminals as well as maintaining some existing terminal
systems. In addition, Keycorp will provide First Data with a merchant
support helpdesk.
The agreement is expected to generate $11 million over five years for
Keycorp. It is Keycorp’s third major managed payment services contract
and follows multi-year agreements with Westpac and Bank of Queensland.
Dr Ken Carr, CEO, Keycorp, said, “Keycorp’s deal with First Data
continues to confirm our strategy of transitioning our business into a
payments solutions provider. By taking over the task of managing
terminals, Keycorp and First Data will work together to provide the
best in electronic commerce and payment solutions for businesses across
Australia.”
“We are delighted to work with Keycorp for this service given its
experience with payment devices and associated fleet management,” said
Peter Wright, Managing Director, First Data Australia and New Zealand.
“First Data is constantly looking for ways to improve services to our
merchant customers. This agreement allows us to concentrate on our core
competencies and let Keycorp, an expert in its field, manage our fleet
of EFTPOS terminals.”
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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