What is Fiserv used for?

Fiserv is a global fintech and payments provider offering banking technology, merchant acquiring, billing and payments, and the Clover point-of-sale line. It is a good fit for running digital banking for a credit union, giving a small shop a payments and POS system, and embedding payments in vertical software.

How much does Fiserv cost?

Fiserv doesn't publish fixed prices; pricing is quoted on request.

Is Fiserv open source?

No. Fiserv is proprietary (closed-source) software. In the Finance & Accounting category, open-source options include Hyperswitch, Lago and Polar.

What are some alternatives to Fiserv?

Fiserv competes with Worldpay, Adyen and Nuvei.

Fiserv: features, pricing and alternatives

About Fiserv

Fiserv is a large financial technology and payments company serving banks, credit unions, merchants, fintech firms, public sector bodies and software vendors. Its homepage describes offerings spanning banking, global commerce, merchant acquiring, billing, payments and point of sale, and the company owns Clover.

The site organizes its offering by who is served. Enterprise merchants get omnichannel commerce, billing and payments; small businesses get all-in-one systems for taking payments and running a business; banks, credit unions and large institutions get digital banking and payments platforms. Fintechs and independent software vendors get integrated payments they can embed, and the public sector gets payment and bill pay tools.

Newer items on the homepage include Commerce Hub for payments and embedded finance, and an agentOS for financial services agents. Fiserv is a commercial provider whose products are sold through sales, and no pricing is given in the supplied information.

Key features

Digital banking platforms for banks and credit unions
Merchant acquiring and payment processing
Small business point-of-sale systems
Billing and bill pay for utilities and government
Integrated payments for software vendors
Commerce Hub for payments and embedded finance

Good fit for

→Running digital banking for a credit union
→Giving a small shop a payments and POS system
→Embedding payments in vertical software

Tags: payments; fintech; banking; merchant-acquiring; pos; clover; enterprise

Fiserv: questions and answers

What is Fiserv used for?: Fiserv is a global fintech and payments provider offering banking technology, merchant acquiring, billing and payments, and the Clover point-of-sale line. It is a good fit for running digital banking for a credit union, giving a small shop a payments and POS system, and embedding payments in vertical software.
How much does Fiserv cost?: Fiserv doesn't publish fixed prices; pricing is quoted on request.
Is Fiserv open source?: No. Fiserv is proprietary (closed-source) software. In the Finance & Accounting category, open-source options include Hyperswitch, Lago and Polar.
What are some alternatives to Fiserv?: Fiserv competes with Worldpay, Adyen and Nuvei.