Paysafe and Fiserv Strengthen Partnership to Drive SMB Growth with Enhanced Capital Access, Fraud Protection, and New Digital Wallet Solution
May 09 2025 - 9:16AM
Business Wire
Paysafe (NYSE: PSFE), a leading payments platform, and Fiserv,
Inc. (NYSE: FI), a global provider of payments and financial
services technology solutions, are expanding their long-term
partnership to deliver even greater value to their customers. This
collaboration includes several key initiatives focused on
empowering small and medium-sized businesses (SMBs).
One key initiative is the integration of Fiserv’s Clover Capital
solution, which provides SMBs with improved access to capital to
help them scale and grow. Additionally, Paysafe will leverage
Fiserv's Data–as–a-Service solution to further enhance their risk
and fraud protection, strengthening security and trust for both
consumers and merchants.
In the US, the two companies are collaborating to launch a
digital wallet within Fiserv’s Clover merchant base. This wallet
will enable businesses to receive faster settlements and access a
full range of banking services, while enhancing the customer
experience. This marks a milestone in Paysafe’s business wallet
platform evolution, offering a solution designed for financial
efficiency and scalability.
“These strategic initiatives reflect the strength and momentum
of our partnership with Fiserv,” said Bruce Lowthers, CEO of
Paysafe. “Together, we are creating innovative, growth-oriented
solutions that unlock new opportunities for SMBs while accelerating
our product expansion strategies.”
“Our expanded collaboration with Paysafe reflects our shared
commitment to empowering small and mid-sized businesses with the
tools they need to thrive in today’s digital economy,” said
Jennifer LaClair, Head of Merchant Solutions at Fiserv.
Paysafe and Fiserv are excited to continue building on their
strong partnership, delivering more value across the payment
ecosystem.
About Paysafe
Paysafe is a leading payments platform with an extensive track
record of serving merchants and consumers in the global
entertainment sectors. Its core purpose is to enable businesses and
consumers to connect and transact seamlessly through
industry-leading capabilities in payment processing, digital
wallet, and online cash solutions. With 29 years of online payment
experience, an annualized transactional volume of $152 billion in
2024, and approximately 3,300 employees located in 12+ countries,
Paysafe connects businesses and consumers across 260 payment types
in 48 currencies around the world. Delivered through an integrated
platform, Paysafe solutions are geared toward mobile-initiated
transactions, real-time analytics and the convergence between
brick-and-mortar and online payments. Further information is
available at www.paysafe.com.
About Fiserv
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, moves more than
money. As a global leader in payments and financial technology, the
company helps clients achieve best-in-class results through a
commitment to innovation and excellence in areas including account
processing and digital banking solutions; card issuer processing
and network services; payments; e-commerce; merchant acquiring and
processing; and Clover®, the world’s smartest point-of-sale system
and business management platform. Fiserv is a member of the S&P
500® Index and one of Fortune® World’s Most Admired Companies™.
Visit fiserv.com and follow on social media for more information
and the latest company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20250509849836/en/
Media Contact for Paysafe: Crystal Wright, Global VP of
Public Relations +1 (904) 328-7740 crystal.wright@paysafe.com
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