First Data Announces Letter-of-Intent With Bank of America to Expand Services

DENVER, CO – Electronic commerce and payments leader First Data Corp. today announced a signed Letter-of-Intent (LOI) with Bank of America to provide new and expanded services.

Bank of America, the nation’s largest debit card issuer, will extend its agreement with the STAR® Debit and ATM Network, one of the suite of services within the First Data Debit Services portfolio.