Epstein Secrets

y into First Data. Clover, a Silicon Valley start-up that we acquired just a few months before I joined, was the first of many examples to follow of First Data's ability to execute from concept to commercialization, at scale. We brought Clover's integrated point-of-sale operating system to market in II months

before I joined, was the first of many examples to follow of First Data's ability to execute from concept to commercialization, at scale. We brought Clover's integrated point-of-sale operating system to market in II months. After Clover, we acquired five additional innovative commerce technology start-u

to execute from concept to commercialization, at scale. We brought Clover's integrated point-of-sale operating system to market in II months. After Clover, we acquired five additional innovative commerce technology start-ups. and we now have nearly 200 employees in Silicon Valley and Silicon Alley. Bu

The recently launched Clover Mini • for example. will compete in the high-volume traditional POS terminal space, and will, over time. likely become First Data's preferred terminal solution for acquiring clients. We are still in the early stages of this journey, so Clover has not yet had an opportunity to hav

Our Clover Operating System We acquired Clover. an open architecture, integrated POS operating system, in December 2012. At the time of acquisition, Clover had less than a dozen employees, none or only partially developed software, hardware options, and distribution strategy. Since then, we have grown

can service a broad array of business client& Within Clover, we also offer a cloud-based Clover App Market for business applications. Our goal with Clover is to create the largest open architecture platform of commerce-enabling solutions and applications for business owners. We believe we can achieve t

have begun to introduce other commerce-enabling solutions in selected markets. We entered LATAM in 2001 in Puerto Rico. Since then, we have expanded First Data's services and now conduct business in Argentina. Brazil, Colombia. Panama, Mexico, Uruguay. Central America. and the Caribbean. In Brazil. we opened

are building our distribution capabilities through partnerships with banks and non-bank partners to penetrate the market, and we plan to launch our Clover operating system, eCommerce sr:vices, and other commerce-enabling solutions in 2015 and 2016. In Mexico, First Data established a revenue sharing a