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First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provides nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and at online outlets for nearly a third of all U.S. debit cards.
STAR is an American interbank network. It is the largest interbank network in United States, with 2 million ATMs, 134 million cardholders and over 5,700 participating financial institutions. The STAR Network began in 1984 and was acquired by First Data Corporation in 2003.
On July 14, 2006, DFS and First Data Corp., a global leader in electronic commerce and payment services, announced that First Data would offer Discover Network card services to small- and mid-sized merchants.
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Pulse is an interbank electronic funds transfer (EFT) network in the United States. It serves more than 4,400 U.S. financial institutions and includes more than 380,000 ATMs, as well as POS terminals nationwide. Rivals of the network include First Data's STAR and Fidelity National Information Services's NYCE.
Additionally, Fiserv owns First Data, which links 2 million ATMs via the STAR network. Currently, Fiserv holds the naming rights for the Fiserv Forum stadium located in Milwaukee, Wisconsin. [6]
Clover's third hardware product, the Clover Mini was launched by First Data on June 16, 2015. Like Clover Mobile, Clover Mini is a PCI PTS 4.0 approved, EMVCo compliant contact and contactless next generation payment device.
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.
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