Paysafe (NYSE: PSFE) and World Payment and Financial Services Solutions Fiserv, Inc. (Nyse: Fi) extend their long -term cooperation to provide even greater value to their customers.
This collaboration includes several basic initiatives focusing on the strengthening of small and medium -sized enterprises (MB).
A key initiative is the incorporation of the Fiserv clover solution, which provides MBMs with improved access to funds to help them escalate and grow. In addition, Paysafe will take advantage of the Fiserv-as-Service data solution to further enhance the protection of risk and fraud, enhancing security and confidence for both consumers and traders.
In the US, the two companies work together to launch a digital wallet at the base of Fiserv’s Tlover Merchant. This wallet will allow businesses to receive faster settlements and access a full range of banking services, while enhancing customer experience. This marks a milestone in the evolution of the Paysafe Business Wallet platform, offering a solution designed for economic performance and scalability.
“These strategic initiatives reflect the strength and momentum of our cooperation with Fiserv,” said Bruce Lowthers, Paysafe’s chief executive. “Together, we create innovative growth -oriented solutions that unlock new opportunities for SMEs while accelerating the expansion strategies of our products.”
“Our expanded partnership with Paysafe reflects our common commitment to strengthen small and medium -sized businesses with the tools needed to thrive in today’s digital economy,” said Jennifer Laclair, head of commercial solutions at Fiserv.