Credit Card Fraud Prevention for Merchants

15 Jun

Wachovia/Wells moving to First Data

You probably know that Wells Fargo took over Wachovia. Now those cards will be processed by First Data. First Data announced that Wells Fargo & Company expanded its agreement for card processing services. Now Wells Fargo will move its newly-acquired Wachovia credit card portfolios to First Data for comprehensive card processing services.

A lot of on-line merchants have issues with First Data so this partnership probably won’t be welcomed by the merchant community. There’s nothing we can do about it but I thought you’d want to know.

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2 Responses to “Wachovia/Wells moving to First Data”

  1. 1
    Bruce Barnes Says:

    Maybe now they will actually combine my single account into one account and I won't be double charged for my credit card processing fees.

    Every month, for the last 6 years, we go round and round about being double-billed because of the way my Authorize.net account was initially setup. Nobody ever listens to what I write or have to say at First Data, all they know how to say is "your fees are based on the 24 hour service you get."

    I've never had to call them except for the fees, so they can close up the customer dis-service department if they like - I wouldn't miss it at all!

  2. 2
    Tom Says:

    Bruce, you expect big things from little minds.

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