First Data Merchant Services Corp.

City-funded organization

First Data Merchant Services Corp. is a for-profit payment-card processing company; First Data Corporation was acquired by Fiserv, Inc. in a deal completed July 29, 2019, and the entity now operates as a Fiserv subsidiary. It holds the NYC Department of Finance's payment card processing services contract, currently worth $122.6 million (the city's only active contract with the vendor), part of $175.7 million awarded since 2014, with $53.1 million (30%) of that awarded without a fresh competitive bid.

Industry (per city contracts)
Professional Services
City contracts (active)
$122,573,761 · 1 contract
Awarded all-time
$175,733,152 · 8 since 2014, incl. expired
Paid to date
$120,560,617
Won without a fresh bid
30% of contract value · $53,095,745 · 4 contracts
Based in
Englewood, CO (out of state)

Holds contracts at

City contracts

Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).

Sources