Questions - In Depth.
We are committed to providing you with
all of the information that you may need, to ensure the highest
level of success for your business.
Who is TRANSFIRST?
TRANSFIRST
is among the nation’s premier providers of transaction processing
services and payment enabling technologies. TRANSFIRST
is an independent, privately-owned company.
How large is TRANSFIRST?
Serving more than 1,000 financial institutions, more than 175,000 merchant customers and hundreds of ISOs/ISAs throughout the United States, TRANSFIRST reports an annual transaction volume run rate of approximately $30 billion. According to The Nilson Report’s 2007 consolidated list of “Merchant Acquirers in the U.S. 2007,” TRANSFIRST ranks as one of the Top 10 U.S. processors.
How many people
does TRANSFIRST
employ?
Including executive management and all other staff, TRANSFIRST
currently employs 778 people.
What does TRANSFIRST
do for its customers?
TRANSFIRST
offers a first-rate suite of products and services including proprietary products TRANSLINK and TRANSACTION CENTRAL™, and customized transaction
processing programs uniquely tailored for the special business
needs of financial institutions, independent sales organizations (ISO)
and agents, and referral and reseller partners.
What types of
businesses use TRANSFIRST's
services?
Through its in-depth industry knowledge, partnership strategy
and innovative solutions, TRANSFIRST
provides a specialized approach to transaction processing for
healthcare providers, public entities, online and other non-traditional
merchants, as well as brick-and-mortar retailers. Financial institutions and community bank association members also rely on our payment gateway solutions and merchant bankcard services.
What about security
and privacy?
TRANSFIRST
understands the importance of security and privacy for our customers
and provides secure processing solutions. Ensuring our customers
are kept informed of the latest industry information relating
to data security and compliance is of top priority to TRANSFIRST.
Click here for an
important data security notification from the card associations.
How does TRANSFIRST
differ from its competitors?
Transaction processing and payment technologies are not business
categories for TRANSFIRST.
They are its core businesses. Our senior management team is comprised
of veterans from the financial services and transaction processing
industries, so we truly understand the needs of our customers.
This insight, combined with the fact that we are an independent,
non-public provider of commerce-enabling services, ensures we
have the understanding and flexibility to provide truly customized,
customer-oriented solutions. Our feature payment processing technologies, TRANSLINK and TRANSACTION CENTRAL, provide business insight to help our customers grow their businesses. Additionally, because of our strong
capital position, we are able to add value to our sales channel
partners should they wish to divest themselves of their businesses.
What are TRANSFIRST’s
plans for future growth?
Since its inception, TRANSFIRST
has been one of the fastest-growing companies in the transaction
processing services and payment technologies industry. Significant
capital funding positions the company as a leader in strategic
mergers and acquisitions, allowing the company to gain market
share and additional expertise in growing and profitable industry
segments within the transaction processing industry.
Other opportunities for growth exist with
TRANSFIRST’s
sales channel partners. Partnering with TRANSFIRST
offers valuation and equity opportunities should any of our partners
decide to sell their businesses. Our financial strength and independence
allow us the flexibility to expeditiously complete such strategic
acquisitions.
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