Exhibit 99.1

First Data Reports Third Quarter 2011 Financial Results

ATLANTA, Nov. 2, 2011– First Data Corporation today reported its financial results for the third quarter ended Sept. 30, 2011. Consolidated revenue for the third quarter increased $99 million to $2.7 billion, up 4% compared to $2.6 billion a year ago. Revenue growth was primarily attributable to increases in debit network fees and favorable impacts of changes in foreign currency. Adjusted revenue, which excludes certain items including reimbursables, increased $37 million, or 2%, year-over-year to $1.7 billion.

For the third quarter, the net loss attributable to First Data was $54 million, compared to $431 million a year ago. The improvement was largely driven by a $111 million pretax increase in mark-to-market gains related to changes in the fair value of interest rate swaps, a $55 million pretax benefit to reflect the correction of depreciation and amortization errors relating to purchase accounting, and a charge in the prior year of $178 million associated with changes in U.S. tax legislation. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $564 million, up $38 million, or 7% compared to $526 million in the third quarter of 2010, driven by revenue growth in the international segment and cost management across the business.

For the quarter, cash flows used in operations were $96 million, after interest payments of $735 million. The Company finished the quarter with $1.5 billion in unrestricted liquidity—$79 million in cash available for corporate use plus $1.4 billion under the revolving credit facility.

“First Data again delivered solid earnings growth. Revenues continued to grow in our international regions helping to improve the overall profitability of our business,” said Chief Executive Officer Jonathan J. Judge. “With the launch of the first mobile wallet, the reality of new debit interchange regulations and positive secular trends, there are many exciting opportunities for our business to continue to innovate and serve our customers with the best products available in the marketplace.”

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Segment Results

Retail and Alliance Services segment revenue for the third quarter was $848 million, down $3 million, or essentially flat, compared to $851 million in 2010. Core merchant revenue was flat partially due to prior year revenue including a $23 million benefit from a card association fee. Excluding this impact, core merchant revenue grew 4% driven by 8% dollar volume and 5% transaction growth. Credit mix was stable at 73% and regional average ticket was $69, flat compared to a year ago. Product revenue was down slightly as growth in prepaid and point-of-sale terminals was offset by declines in check-processing as consumers continue to migrate from paper checks to electronic payments. Segment EBITDA was $354 million, down $2 million, compared to 2010 driven by the revenue factors noted above, coupled with flat expense. Margin for the third quarter was 42%. During the quarter, Retail and Alliance Services added 13 bank referral agreements, 10 new independent sales organizations and 2 new revenue sharing agreements.

Financial Services segment revenue for the third quarter was $344 million, down $10 million, or 3%, compared to $354 million in the same quarter of 2010 as new business and volume growth were offset by lost business and normal levels of pricing pressure. Active card accounts on file were up 3% compared to the prior year. Debit issuer transactions were up 12% excluding the impact of the loss of Washington Mutual. Segment EBITDA was $156 million, up $12 million, or 8%, compared to $144 million in 2010. Expenses declined by $22 million compared to a year ago driven by lower technology and operations costs and a $9 million sales tax recovery. Margin for the third quarter was 45%. During the quarter, Financial Services renewed more than 300 contracts with financial institutions.

International segment revenue for the third quarter was $453 million, up $51 million, or 13%, compared to $402 million in the prior year. On a constant currency basis, segment revenue was up 5% driven by growth in merchant acquiring and issuing businesses. Merchant acquiring volumes in bank alliances and direct channels continued to drive revenue growth in Europe. Growth in Latin America was driven by acquiring transaction volume and higher terminal sales, while revenue growth in the Asia Pacific region was attributable to the completion of an IT professional services engagement. Segment EBITDA was $112 million, up $30 million compared to $82 million in 2010 on higher revenue, favorable impacts of changes in foreign currency, and continued cost structure management. The current quarter segment EBITDA was negatively impacted by $12 million from the purchase accounting correction referenced above, which was partially offset by a $9 million asset write-off in the prior year. Margin was 25% compared to 20% in the third quarter of 2010.

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Recent Events

First Data-Powered Google Wallet Launches

On Sept. 19, 2011, Google launched the first version of the Google Wallet, an app that enables consumers to transform their phone into a virtual wallet, enabling them to tap, pay and save money and time while shopping. Google Wallet also enables businesses to strengthen customer relationships by offering a faster, easier shopping experience with relevant deals, promotions and loyalty rewards. The First Data Trusted Service Manager (TSM) solution enables over-the-air provisioning of payment card credentials to Google Wallet. Additionally, the Google Prepaid Card is powered by Money Network, and First Data is helping to drive adoption of the wallet and contactless acceptance, especially among small merchants.

First Data to Provide Merchant Processing Services to Mutual of Omaha Bank

First Data has signed a long-term merchant services agreement with Mutual of Omaha Bank, a subsidiary of Mutual of Omaha. Through the agreement, First Data will provide merchant processing services to the bank’s business clients nationwide, from large national merchants to local business owners. The bank’s clients will now have access to a comprehensive line of electronic payment solutions, including acceptance of all major credit cards including PIN and signature-based debit cards, gift cards and electronic check verification services.

Non-GAAP Measures

In certain circumstances, results have been presented that are non-GAAP (generally accepted accounting principles) measures and should be viewed in addition to, and not in lieu of, the company’s reported results. Reconciliations to comparable GAAP measures are available in the accompanying schedules and in the “Investor Relations” section of the company’s website at investor.firstdata.com.

Investor Conference Call

The company will host an investor conference call and webcast on Wednesday, Nov. 2, 2011 at 10 a.m. ET to review third quarter 2011 financial results. First Data Chief Financial Officer Ray Winborne, will lead the call and will be joined by CEO Jon Judge.

The call will be webcast on the “Investor Relations” section of the First Data website at investor.firstdata.com and a slide presentation will accompany the call.

To listen to the call via teleconference, dial 800-510-9836 (U.S.) or 617-614-3670 (outside the U.S.), pass code 10066071.

A replay of the call will be available through Nov. 18, 2011, at 888-286-8010 (U.S.) or 617-801-6888 (outside the U.S.), pass code 52667146, and via webcast at investor.firstdata.com.

Please note: All statements made by First Data officers on this call are the property of First Data and subject to copyright protection. Other than the replay, First Data has not authorized, and disclaims responsibility for, any recording, replay or distribution of any transcription of this call.

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Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.

Contact:

Chip Swearngan

Senior Vice President, Communications and Investor Relations

First Data

404-890-3000

chip.swearngan@firstdata.com

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FIRST DATA CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(in millions)

(See accompanying notes)

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FIRST DATA CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(in millions)

(See accompanying notes)

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FIRST DATA CORPORATION

SUMMARY SEGMENT DATA

(Unaudited)

(in millions)

(See accompanying notes)

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FIRST DATA CORPORATION

SUMMARY SEGMENT DATA

(Unaudited)

(in millions)

(See accompanying notes)

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FIRST DATA CORPORATION

NOTES TO FINANCIAL SCHEDULES

(Unaudited)

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FIRST DATA CORPORATION

SELECTED CONSOLIDATED BALANCE SHEET AND CASH FLOW AND OTHER DATA

(in millions)

SELECTED CONSOLIDATED BALANCE SHEET DATA

SELECTED CONSOLIDATED CASH FLOW DATA

ESTIMATED CASH INTEREST PAYMENTS ON LONG-TERM DEBT FOR 2011 and 2012 (a) (b)

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FIRST DATA CORPORATION

FINANCIAL COVENANT CALCULATION

(Unaudited)

As of September 30, 2011, the Company is in compliance with all applicable covenants, including its sole financial covenant with Consolidated Senior Secured Debt of $12,234.7 million, Consolidated EBITDA of $2,660.8 million and a Ratio of 4.60 to 1.00.

The calculation of Consolidated EBITDA under the senior secured term loan facility is as follows (in millions):

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FIRST DATA CORPORATION

RECONCILIATION OF NON-GAAP MEASURES

(Unaudited)

(in millions)

Management believes the following non-GAAP measures provide meaningful supplemental information to assist investors in understanding our financial results and to better analyze trends in our underlying business as well as evaluate our ability to service our debt. Management uses these measures to evaluate our operating performance and our segments. Management believes these non-GAAP measurements are useful in highlighting trends because they exclude the results of decisions that are outside the control of operating management and can differ significantly from company to company depending on long-term strategic decisions regarding capital structure, the tax jurisdictions in which companies operate and capital investments. Additionally, we believe the inclusion of supplementary adjustments applied in presenting Adjusted EBITDA, described below, are appropriate to provide additional information to investors about certain material non-cash items and about non-recurring items that we do not expect to continue at the same level in the future. Management compensates for the limitations of using non-GAAP financial measures by using them to supplement GAAP results to provide a more complete understanding of the factors and trends affecting the business than GAAP results alone. Since management finds these measures useful, we believe that our investors will benefit from seeing the Company’s results through the eyes of management in addition to seeing our GAAP results.

Adjusted revenue represents the sum of Segment revenue (as defined in Note (c) to the Financial Schedules) and All Other and Corporate revenue as adjusted to exclude revenue related to the official check and money order businesses due to the wind down of these businesses and to reflect elimination of intersegment revenues. Adjusted EBITDA represents the sum of Segment EBITDA (as defined in Note (h) to the Financial Schedules) and All Other and Corporate EBITDA. Adjusted revenue and Adjusted EBITDA are reconciled to the most directly comparable GAAP financial measures on the Summary Segment Data schedules. Non-GAAP measures for the Retail and Alliance Services segment adjust for the impact of a fee increase in the third quarter of 2010 that only benefited that period. Non-GAAP measures for the International segment adjust for the change in foreign currency exchange rates. Management believes that these non-GAAP measures provide insight into the Company’s core performance.

These non-GAAP financial measures should not be considered in isolation or as a substitute for the most comparable GAAP financial measures. The non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP results and the reconciliation to the corresponding GAAP financial measures, provide a more complete understanding of our business. Investors are strongly encouraged to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. A reconciliation of the non-GAAP measures to the most directly comparable GAAP financial measures is included below.

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