SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
First USA Paymentech, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class and Securities)
336 912 100
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(CUSIP Number)
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SCHEDULE 13G
CUSIP No. 336 912 100
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
First USA, Inc.
75-2291060
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
NUMBER OF
SHARES ___________________________________
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 20,117,081
EACH ___________________________________
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON
WITH ___________________________________
(8) SHARED DISPOSITIVE POWER
20,117,081
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,117,081
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* ( )
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
57.9%
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(12) TYPE OF REPORTING PERSON*
CO
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SCHEDULE 13G
CUSIP No. 336 912 100
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
First USA Financial, Inc.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
NUMBER OF
SHARES ___________________________________
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 20,117,081
EACH ___________________________________
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON
WITH ___________________________________
(8) SHARED DISPOSITIVE POWER
20,117,081
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,117,081
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* ( )
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
57.9%
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(12) TYPE OF REPORTING PERSON*
CO
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ITEM 1(a). NAME OF ISSUER:
First USA Paymentech, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL OFFICES:
1601 Elm Street, Dallas, Texas 75201
ITEM 2(a) NAME OF PERSON FILING:
First USA, Inc.
First USA Financial, Inc.
As of December 31, 1996, First USA Financial, Inc. was the
direct owner of 20,117,081 shares of the common stock, par value $.01
per share, of First USA Paymentech, Inc. First USA, Inc. is and
was, as of December 31, 1996, the owner of 100% of the outstand-
ing capital stock of First USA Financial, Inc.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
The principal business office of First USA, Inc. and of First
USA Financial, Inc. is 1601 Elm Street, Dallas, Texas 75201
ITEM 2(c). CITIZENSHIP:
First USA, Inc.: Delaware
First USA Financial, Inc.: Delaware
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
ITEM 2(e). CUSIP NUMBER:
336 912 100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS:
(a) ___ Broker or dealer registered under Section 15 of the Act.
(b) ___ Bank as defined in Section 3(a)(6) of the Act
(c) ___ Insurance Company as defined in Section 3(a)(19) of the Act.
(d) ___ Investment Company registered under Section 8 of the
Investment Company Act.
(e) ___ Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940.
(f) ___ Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see SECTION 240.13d-1(b)(1)(ii)(F)
(g) ___ Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);
see Item 7
(h) ___ Group, in accordance with ss.240.13d-1(b)(ii)(H)
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 20,117,081
(b) Percent of class: 57.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: None
(ii) Shared power to vote or to direct the vote: 20,117,081
(iii) Sole power to dispose or to direct the disposition of: None
(iv) Shared power to dispose or to direct the disposition of:
20,117,081
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A
GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
February 13, 1997
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(Date)
First USA, Inc.
First USA Financial, Inc.
By: /s/ Philip E. Taken
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(Signature)
Name: Philip E. Taken
Title: Senior Vice President
and General Counsel
