CardWeb.com’s CardExecs database of payments industry movers and shakers today features Marc Pereira, Vice President of Technology Operations at FreedomPay.
Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 9.8% on a currency adjusted basis (FX). MasterCard led the pack with a 12.1% year-on-year (YOY) global GDV (FX) increase, according to CardData.
First Data reported its Merchant Solutions segment revenue for Q1/15 was $888 million, up 4% year-on-year (YOY), adversely impacted by 1% due to the sale of Electronic Funds Source (EFS). Merchant acquiring revenue increased 6% YOY due to transaction growth and revenue from the Company’s merchant suite of solutions.