Fiserv’s Strong Q1 & Teaming Up With PayPal on QR Codes

Thursday, July 29th, 2021

A top global payment company, Fiserv has witnessed strong growth during the first quarter of this year. If you’re interested in more details and the company’s new offering concerning QR codes, you’re at the right place. 

Strong Q1 for Fiserv: QR Codes

Fiserv has reported it’s had a strong Q1. The leading payment company has partnered with PayPal to offer QR code payments for its customers using PayPal or Venmo. The new service is available through Fiserv’s Clover devices or Carat omnichannel-payment systems. The payment company anticipates its internal revenue will increase by 9% – 12% this year. 

Fiserv had previously announced an underwritten public offering of 20 million shares of common stock of Fiserv by New Omaha Holdings LP. The pricing of the offering to the public is $118.30 per share.

With payments fast moving towards digital technologies, you can’t remain without offering new and more sophisticated payment services to your customers. To find the best merchant-processing services for your financial needs, work with a reputable merchant-services comparison specialist like Best Payment Providers UK’s goal is to offer the most honest review of merchant processors at the time of writing. 

Fiserv’s Revenue Growth & New Service 

Fiserv’s increased revenue grew by 2% during Q1 as compared to a year before. The company’s internal revenue rose by 4% in the mentioned quarter. 8% increase was registered in the Acceptance segment and 2% in each of the Fintech and Payments segments.

Are you a small- or medium-sized business owner using the Clover point-of-sale (POS) platform? Are you a big business owner using Fiserv’s Carat omnichannel commerce ecosystem? Be aware PayPal and Venmo QR codes for payments are now available to you. 

According to Frank Bisignano, Fiserv’s President and Chief Executive Officer, the company is focused on innovative solutions and, simultaneously, supports its clients and associates. As a result, the company reaches strong operating results as the world economy is getting better. 

The global payment and financial services company Fiserv Inc. is cooperating with PayPal and Venmo to offer payments via QR codes at the checkout process. To find the right merchant-processing services for your eCommerce business, work with an expert comparison specialist.

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