Fiserv and Mastercard form global merchant services partnership

Fiserv, Inc. (NASDAQ: FISV) and Mastercard announced a strategic global partnership aimed at giving enterprise merchants access to an expanded set of integrated payment and commerce services through a single platform.

The companies said they will integrate Mastercard Merchant Cloud into Fiserv Commerce Hub, combining Fiserv's merchant acquiring capabilities with Mastercard's advanced merchant services across online, mobile, and in-store channels.

Eligible enterprise merchants and platforms will be able to access payment acceptance and value-added services through the combined platform, subject to availability and applicable requirements.

"Enterprise merchants are increasingly looking for ways to simplify complex payment ecosystems while delivering consistent experiences across channels and markets," said Sanjay Saraf, Chief Product and Technology Officer, Merchant Solutions at Fiserv. "By integrating Mastercard Merchant Cloud with Commerce Hub, we are expanding the commerce capabilities available to eligible merchants through an integrated platform designed to help streamline operations, support market expansion and manage payment performance."

"Merchants shouldn't have to choose between leading in today's market and preparing for tomorrow's," said Chiro Aikat, co-president, Americas, Mastercard. "By bringing Mastercard's advanced merchant services into Fiserv Commerce Hub, including capabilities that will help power the next era of agentic commerce, we're giving merchants innovation that helps them grow."

The partnership builds on existing collaboration between the two companies spanning merchant acquiring, issuing, digital assets, and value-added services. The companies said they plan to explore additional technology integrations, subject to product readiness and applicable requirements.

You May Also Be Interested In

• Citi upgrades O-I Glass to Buy with $9 price target, opens 90-Day upside catalyst watch
• Opendoor Technologies (OPEN) Reiterated at Market Perform by Citizens: Needs Pricing Discipline
• NetEase.com (NTES) PT Raised to $163 at Morgan Stanley