BNU and First Data sign agreement

Yesterday, First Data Merchant Solutions (FDMS) Macau and Banco Nacional Ultramarino (BNU) announced an agreement to provide merchant services and payment solutions to merchants in Macau.
The agreement allows FDMS, through BNU, to provide full service acquiring and processing capabilities for Macau merchants, including point-of-sale and e-commerce services.
According to a press release issued yesterday, “merchants in Macau will gain access to FDMS’s longstanding experience in the Asia-Pacific region, regional payments network and innovative payments solutions, allowing merchants to focus on the success of their business.”
The alliance comes at a time when rapid growth in its retail and tourism industries are making FDMS and BNU see merchants in Macau increasingly demand more efficient payment solutions to provide enhanced customer payment experiences and engagement.
“We are pleased to be able to collaborate with FDMS, a world leader in payment services. With BNU’s experience and customer base, and FDMS’s strong leadership position in Asia Pacific and secure and stable payments platform, we see great opportunities to help our customers grow,” said BNU’s CEO Pedro Cardoso.
Ravi Pochiraju, General Manager of FDMS, also commented on the agreement:  “Macau SAR sees 30 million visitors yearly and FDMS is well positioned to help merchants in tourism, retail and hospitality better serve these visitors.”