First Data GmbH is an electronic money institution focused on providing payment solutions for financial institutions and acquirers. First Data GmbH offers POS terminals, card readers, payment acquiring, card acceptance. Incorporated in Germany, First Data GmbH is authorized and regulated by the Federal Financial Supervisory Authority.
First Data do not conduct operations with cryptocurrencies.
First Data GmbH is authorized by the Federal Financial Supervisory Authority (reference number 122281) for placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 4 September 2018.
Due to EEA passport rules First Data GmbH, can conduct its activities in any of the 31 EEA member states. First Data GmbH do not participate in deposit guarantee schemes.