Card of recent origins 07-11-2001...

Card of recent origins

07-11-2001

FIRST DATA ACQUIRES INTERNET PAYMENT COMPANY ACHEX

Volume: 16
Number: 13
ISSN: 08940797
Publication Date: 07-11-2001
Page: 1
Type: Periodical
Language: English

Denver-based First Data Corp. (FDC) a provider of electronic business and payment services, July 9 announced it has acquired, San Francisco-based Achex, Inc., an on-line payments provider. Financial boundarys were not disclosed. Achex's technology uses the Internet and existing payment networks to transfer stocks on-line. The acquisition provides First Data a modern Internet technology infrastructure that will