Blog

Just over 1 year ago, we made the statement in our inaugural blog “never before has the timing been so right to bring together everyone in the payments ecosystem and open a world of possibilities.”  The introduction of network-level tokenization ushered in an era of innovation not just with the industry, but for us as well with our Payeezy developer portal and a vision to expose the depth and breadth of all we have to offer from an eCommerce perspective.

First Data processes nearly half of all US transactions, or $1.7 Trillion in commerce annually in the US alone, which provides the company with unparalleled insight into spending habits across the country. First Data’s SpendTrend® report analyzes credit and debit transactions, as well as EBT purchases. This year, the SpendTrend® report analyzing consumer spending on Thanksgiving Day and Black Friday provides a clear message: Americans still love shopping on Thanksgiving and Black Friday, and online sales are more important than ever.

October 2015 is turning out to be quite an eventful month for us in the Payeezy world.  It’s been just over 1 year since we launched our new APIs and supporting developer portal, initially in support of Apple Pay® mobile payments solution.  And over the course of this year, we’ve added a number of capabilities catering to many merchants, small and large alike, who are looking to start or expand their eCommerce business.  Thank you to the hundreds of partners who have contributed to that success!

While Payeezy may have joined the party a little late, we are here now and making it count. First Data and specifically Payeezy have been named a finalist in the 2015 Digital Accelerator Awards in the (drum roll please) “Best Developer Experience” category. And we really are only just getting started.