Fiserv Named Merchant Acquirer of the Year

BROOKFIELD, Wis.— Fiserv has been named Merchant Acquirer of the Year by the Merchant Payments Ecosystem (MPE).

Fiserv said it was recognized for the “highly successful” debut of Carat, an omnichannel commerce operating system that seeks to help businesses drive revenue, reduce costs and grow at global scale while “delivering a seamless customer experience through a single integrated platform.”

The MPE Awards recognize top merchant payments acceptance companies and their achievements and were presented as part of the 2022 Merchant Payments Ecosystem conference in Berlin, Germany. 

“With Carat, we’re helping merchants enable digital payments, optimize commerce, embed financial services and scale during a time of increasingly pressing market and customer demands,” said Peter O’Halloran, head of enterprise & digital commerce for Fiserv in EMEA, in a statement. “This has been a pivotal year for us and our clients across Europe and the world, who are embracing omnichannel commerce as a new way of doing business, addressing the changing ways people want to pay, from in-store to online, while enhancing customer experience and increasing conversion.”

‘Proven Results’

 According to the company, Carat has “proven results working with the world’s most successful brands, including enabling Aldi to launch in-store and click and collect acquiring across Europe, ExxonMobil to deliver a voice-enabled payment experience via Amazon Pay, and Selecta to offer cash-free contactless payments at unattended vending machines across 16 markets in Europe.”

The company said Carat

Fiserv reported Carat is currently processing tens of billions of global omnichannel transactions for merchants across North America, Latin America, Europe, Middle East and Africa and Asia Pacific, spanning multiple retail verticals.

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