First Data Split
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  1. #1
    Member Reputation points: 270
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    Milwaukee, WI
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    First Data Split

    I just heard that First Data is going to stop split funding on MCA's. Anybody else hearing the same?

  2. #2
    That's what we were told. I suspect that they will continue to split fund for their in-house program but do not have any confirmation on that.
    Andrew Roberts
    Merchant Cash Group
    212 532 9200
    andrew@merchantcashgroup.com

  3. #3
    if true, what is their reason for cutting off mcas

  4. #4
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    Apr 2014
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    New York City
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    i thought first data wouldnt direct split with mca's?

    are you referring to the omaha platform?
    Anthony Diamond
    Underwriter

  5. #5
    Member Reputation points: 270
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    Yes, referring to Omaha.

  6. #6
    Definitely contact us for all your split funding needs. We are and always have been cash advance friendly and will do all we can to provide you with service you expect.

    Reach out to Perry Chen.

    Support-877.382.6262

    D: 212-444.9567
    M: 917.754.8435
    F: 212.208.4472
    E: Perry@swipebms.com
    W: WWW.SWIPEBMS.COM
    www.swipebms.com
    *Credit Card Processing for the Cash Advance Industry.
    *Most Cash Advance friendly Processor.
    *We split fund for virtually every Cash Advance provider!
    *Need split funding? We can help!

  7. #7
    Senior Member Reputation points: 198007
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    Nunya
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    I've heard the same about First Data.

  8. #8
    They want it all for themselves. They should have done this a long time ago. But they were too concerned of the potential liability of holding MCA paper. Now they see it's here to stay. So why let anyone split with you?!

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