TechCrunch – 10/29/13: In an effort to catch up with Square and Paypal, payment processing giant First Data has been quietly increasing its presence in the mobile payments market. As the largest credit card processing company in the U.S. with over one trillion dollars in card transactions passing through its network each year, First Data is looking to throw its weight around — even if its competitors do have a head start.
Click here to read more: http://techcrunch.com/2013/10/29/payment-processing-giant-first-data-buys-mobile-loyalty-startup-perka-for-30m-to-help-it-compete-with-square-and-paypal/

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