First Data Corporation, the global leader in payment technology and services solutions and Wipro, a leading information technology, consulting and outsourcing company, today announced a strategic relationship in which Wipro will provide development, implementation and testing services on First Data's VisionPLUS and AccessPLUS suite of software solutions.

This agreement is part of First Data's new developer license initiative, providing improved support to clients around the globe.

Shares of the company declined Rs 1.65, or 0.31%, to settle at Rs 529. The total volume of shares traded was 152,882 at the BSE (Friday).