Paysafe and Fiserv, Inc. have announced an expansion of their long-term partnership, focusing on delivering enhanced value to small and medium-sized businesses (SMBs). This collaboration includes several key initiatives designed to empower SMBs with improved financial tools and services. The strengthened alliance aims to drive growth in the SMB segment.
A central component of the expanded partnership is the integration of Fiserv's Clover Capital solution, which will provide SMBs with improved access to capital. Additionally, the collaboration will introduce enhanced fraud protection measures to safeguard merchant transactions. A new digital wallet solution is also planned for launch.
The new digital wallet will be integrated within Fiserv’s Clover merchant base, effectively serving as a white-label wallet for Clover customers. Paysafe will also offer a version of this wallet to its own customer base. This initiative leverages both companies' strengths to offer comprehensive payment and financial solutions to SMBs.
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