AutoZone Chooses First Data's TeleCheck to Convert Paper Checks to Electronic Transactions and for Risk Management

DENVER--Jan. 5, 2006--TeleCheck Services, Inc., the world's leading check acceptance company and subsidiary of First Data Corp. , today announced that AutoZone Stores nationwide are now using the TeleCheck Electronic Check Acceptance(R) (ECA(R)) service and the TeleCheck(R) Guarantee service.

"AutoZone always puts its customers first," said James Cook, vice president and treasurer, AutoZone. "With the TeleCheck ECA service, our customers now have a more efficient way to pay by check at our AutoZone locations in the United States. Moreover, AutoZone saves the costs associated with handling paper checks."

AutoZone is utilizing the TeleCheck ECA service to settle check transactions electronically, and is using the TeleCheck Guarantee service to reduce its exposure to fraud and risk.

The TeleCheck ECA service converts a paper check issued by the consumer into an electronic item, and settles funds using the same system many consumers trust with automatically deposited paychecks. By removing the paper from the transaction, the ECA service eliminates the back office support traditionally required by a merchant for deposits and returns.

With the TeleCheck Guarantee service, if TeleCheck's simple transaction procedures are followed, any approved items that are returned become TeleCheck's responsibility and the merchant is funded for the transaction. The TeleCheck Guarantee service uses advanced adaptive decision technology and connects merchants to the most accurately maintained and complete national source of check writing information available in the industry.

"The TeleCheck ECA and the TeleCheck Guarantee service provide AutoZone with the most advanced and reliable check acceptance tools available," said Brian Mooney, who leads First Data's TeleCheck business. "By processing checks for AutoZone's locations nationwide with the ECA service, First Data strengthens its position as the foremost provider of electronic check conversion services."

About First Data

First Data Corp. is a leading provider of electronic commerce and payment solutions for businesses and consumers worldwide. Serving 4.1 million merchant locations, 1,500 card issuers and millions of consumers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes credit, debit, private-label, smart and stored-value card issuing and merchant transaction processing services; money transfer services; money orders; fraud protection and authentication solutions; check guarantee and verification services through TeleCheck; as well as Internet commerce and mobile solutions. Western Union and its subsidiary, Orlandi Valuta, together make up one of the world's largest money transfer networks with approximately 250,000 Agent locations in more than 200 countries and territories. The company's STAR Network offers PIN-secured debit acceptance at approximately 1.7 million ATM and retail locations. For more information, visit www.firstdata.com.

About AutoZone

As of August 27, 2005, AutoZone, Inc. sells auto and light truck parts, chemicals and accessories through 3,592 AutoZone stores in United States and 81 AutoZone stores in Mexico and also sells the ALLDATA brand automotive diagnostic and repair software. On the Web, AutoZone sells diagnostic and repair information and auto and light truck parts through www.autozone.com.

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