This alliance establishes First Data Merchant Solutions (FDMS), First Data’s direct-to-market merchant acquiring business, as a trusted payments provider to eWAY’s merchant network. With First Data’s commitment to help its clients grow their businesses, the collaboration supports Australian businesses in their efforts to expand their geographical footprint and establish their eCommerce capabilities in Asia.

Mr. Marc Mathenz, senior vice president and head of First Data Asia Pacific, said that First Data is pleased to be able to extend its strong existing relationship with eWAY to help their customers tap into the booming Asia eCommerce market.

“Asia is one of the world’s fastest growing markets for eCommerce revenues, with eCommerce spending in the region set to surpass half a trillion dollars ($525.5 billion)[1] by the end of this year.

“This partnership combines First Data’s innovative solutions, our longstanding experience in APAC, with eWAY’s strengths in fraud prevention, safety and security to bring full service acquiring and processing capabilities for local businesses looking to gain access to Asia,” he said.

Matt Bullock, CEO and founder of eWAY said: “At eWAY, we are focused on optimising our payments solutions for merchants to offer them real value in their day-to-day eCommerce transactions.

“First Data Merchant Solutions has a proven track record of providing innovative solutions, a secure and stable platform and a strong presence in the APAC region. eWAY is excited to partner with an industry leader like FDMS to expand our reach and offer merchants speedy, convenient, competitive and easy payment transactions throughout Asia,” said Mr Bullock.

“First Data has been working with eWAY for more than 10 years in Australia, processing more than $10 billion worth of transactions, and this new phase of our partnership will enable eWAY and other Australian businesses to grow in this exciting region” concluded Mr. Mathenz.