Paysafe and Fiserv Expand Partnership to Empower SMBs with Digital Payment Solutions

Paysafe, a leading payments platform, and Fiserv, Inc., a global provider of payments and financial services technology, are deepening their long-term partnership to deliver enhanced value to their customers. This collaboration focuses on empowering small and medium-sized businesses (SMBs) through innovative financial solutions that promote growth and efficiency.

Initiatives in the Partnership:

Integration of Clover Capital:
- The collaboration includes the integration of Fiserv’s Clover Capital solution, providing SMBs with better access to capital, allowing them to scale and grow their businesses more effectively.
Enhanced Risk and Fraud Protection:
- Paysafe will utilize Fiserv’s Data-as-a-Service (DaaS) solution to enhance risk management and fraud protection, further strengthening security and trust for consumers and merchants alike.
Digital Wallet Launch:
- In the US, Paysafe and Fiserv are launching a digital wallet within Fiserv’s Clover merchant base. This wallet will provide businesses with faster settlements, access to comprehensive banking services, and an improved customer experience, marking a milestone in Paysafe’s business wallet platform evolution.

Statements from Leaders:

Bruce Lowthers, CEO of Paysafe, highlighted that the partnership continues to evolve and create growth-oriented solutions, unlocking new opportunities for SMBs and expanding product strategies.
Jennifer LaClair, Head of Merchant Solutions at Fiserv, emphasized the collaboration’s focus on providing SMBs with the essential tools needed to thrive in the digital economy.

Paysafe and Fiserv are excited to continue strengthening their partnership, bringing further innovation and value to the payments ecosystem, with a specific focus on empowering SMBs and driving growth through efficient and scalable financial solutions.