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Verizon Business Opts For Touchless Payment With Fiserv’s Clover

By John F. Heerdink, Jr.

As per reports, Verizon Business (VZ) has entered an agreement with Fiserv, a well-known global provider of payments and financial services solutions, benefitting Verizon Business customers to use the Clover point-of-sale platform from Fiserv including the all-in-one mobile Clover Flex enabling touchless payments.

When used by Verizon business customers, the Clover Flex device is embedded with a Verizon SIM Card to facilitate reliable payment acceptance via the Verizon network. The relationship will also allow Verizon customers to use Fiserv merchant services, like debit and credit card processing with a wide range of payment acceptance options such as online, mobile, and in-person.

In making the announcement TJ Fox, President of Business Markets for Verizon Business stated, “Businesses are investing in technologies to advance and grow their businesses, address customer needs and adapt to today’s environment. Providing a touchless experience is another example of our dedication to empowering small businesses with the tools they need to succeed and meet customer demands.”

Clover is a market-leading point-of-sale platform with more than one million devices distributed globally, processing more than $130 billion in annualized payment volume. The Clover platform and merchant services from Fiserv, allows small business owners to provide their customers with in-demand payment experiences providing them with flexibility and allowing them to adapt to changing demands.

“Verizon has a reputation for providing businesses with superior connectivity, and shares our commitment to working closely with small business owners to enable their success,” “We continue to broaden our distribution network in tandem with trusted service providers like Verizon that want to make it easier for small and mid-sized businesses to access modern solutions like Clover that can help them adapt and grow.” stated Devin McGranahan, Head of Global Business Solutions at Fiserv.

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.






Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Verizon Business offers touchless payment capability with Clover from Fiserv in GlobeNewswire)


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