Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Billat Jeffrey R
  2. Issuer Name and Ticker or Trading Symbol
FIRST DATA CORP [FDC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
(Last)
(First)
(Middle)
6200 SOUTH QUEBEC STREET
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2007
(Street)

GREENWOOD VILLAGE, CO 80111
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/02/2007   M   2,500 A $ 22.7973 5,609 D  
Common Stock 04/02/2007   M   2,500 A $ 22.7973 8,109 D  
Common Stock 04/02/2007   M   2,500 A $ 22.7973 10,609 D  
Common Stock 04/02/2007   M   2,500 A $ 22.7973 13,109 D  
Common Stock 04/02/2007   M   2,500 A $ 22.4379 15,609 D  
Common Stock 04/02/2007   M   2,500 A $ 22.4379 18,109 D  
Common Stock 04/02/2007   M   2,500 A $ 22.4379 20,609 D  
Common Stock 04/02/2007   M   2,500 A $ 22.4379 23,109 D  
Common Stock 04/02/2007   M   3,750 A $ 23.9218 26,859 D  
Common Stock 04/02/2007   S(1)   23,750 D $ 32.8 3,109 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 22.4379 (2) 04/02/2007   M     2,500 02/06/2003 02/06/2012 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.4379 (2) 04/02/2007   M     2,500 02/06/2004 02/06/2012 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.4379 (2) 04/02/2007   M     2,500 02/06/2005 02/06/2012 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.4379 (2) 04/02/2007   M     2,500 02/06/2006 02/06/2012 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.7973 (2) 04/02/2007   M     2,500 12/08/2005 12/08/2014 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.7973 (2) 04/02/2007   M     2,500 12/22/2005 12/08/2014 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.7973 (2) 04/02/2007   M     2,500 12/22/2005 12/08/2014 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.7973 (2) 04/02/2007   M     2,500 12/22/2005 12/08/2014 Common Stock 2,500 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 23.9218 (2) 04/02/2007   M     3,750 02/08/2007 02/08/2016 Common Stock 3,750 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Billat Jeffrey R
6200 SOUTH QUEBEC STREET
GREENWOOD VILLAGE, CO 80111
      Chief Accounting Officer  

Signatures

 By: Stanley J. Andersen, Attorney-in-Fact   04/04/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Sale pursuant to a Rule 10b5-1 Sales Plan.
(2) The exercise price shown reflects the anti-dilution adjustment for the issuer's spin-off of The Western Union Company on September 29, 2006.

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