Fiserv, Inc., a leading global provider of payments and financial services technology, announced it has completed its acquisition of the remaining 49.9% of AIB Merchant Services (AIBMS), the company’s longstanding joint venture with AIB Group.
The acquisition supports Fiserv’s growth in the broader European market, including expanding growth opportunities for Clover, the world’s smartest point-of-sale system, across the region. AIBMS is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers.
As part of the transaction, AIB Group will continue to refer businesses needing card acquiring services to Fiserv on an exclusive basis.
Also, Fiserv, Inc. announced it has acquired CardFree, an all-in-one platform empowering merchants with customized order, pay, and loyalty solutions. This transaction enhances the capabilities of Clover®, the world’s smartest point-of-sale solution, to support small businesses as they grow into larger, multi-location merchants with complex technical needs.
CardFree’s platform will be fully integrated into both the Clover and Commerce Hub ecosystems, adding capabilities such as drive-through software, kiosk and sub-inventory enablement, and providing third-party software integration support in loyalty, delivery services, and property management. The financial terms of the transaction were not disclosed.
Founded by the team that developed the original Starbucks and Dunkin’ mobile apps, CardFree is a versatile, frictionless, easy-to-use mobile ordering and payment platform with patented technology that integrates across the whole order, pay, and loyalty ecosystem. CardFree integrates with nearly all POS systems and payment processors on the market – enabling merchants to use one checkout process for all orders, including third-party delivery.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
