Caixa and Fiserv Complete First Merchant Transaction via Maquininha CAIXA Pagamentos
Fiserv, Inc. (NASDAQ: FISV) has completed its first payment transaction under its newly signed merchant acquiring services agreement with Caixa Econômica Federal (CAIXA). The transaction occurred at Panificadora Santiago in Samambaia (DF) using CAIXA's point-of-sale terminal. This partnership aims to expand payment acceptance capabilities across Brazil's largest financial distribution network, which includes 4,160 branches. The agreement, lasting until 2040, allows for card transactions and proximity payments through mobile devices, enhancing merchant services in the region.
- First transaction completed under CAIXA and Fiserv's merchant acquiring services agreement.
- Partnership enhances payment solutions for small and medium businesses in Brazil.
- Agreement extends till 2040, promoting long-term collaboration.
- CAIXA's extensive network includes over 4,160 branches, enhancing reach.
- None.
Caixa Econômica Federal (“CAIXA”) and Fiserv, Inc (NASDAQ: FISV), a leading global provider of payments and financial services technology, today completed the first payment transaction for a merchant as part of the companies’ recently signed merchant acquiring services agreement. The transaction was completed via the Caixa-branded point-of-sale terminal, “Maquininha CAIXA Pagamentos.”
The first transaction took place this morning, at Panificadora Santiago, a bakery in the city of Samambaia (DF), with representatives of CAIXA and Fiserv attending to recognize the small and medium businesses that will benefit from the new payment acceptance capabilities and celebrate another step in the construction of the CAIXA and Fiserv partnership.
Beginning in August of this year, the CAIXA card machines will be available through the entire CAIXA network, the largest financial products distribution platform in Brazil. Present in
The CAIXA and Fiserv agreement, signed until 2040, will enable card transactions through POS terminals (machines), in addition to a complete online payment gateway solution. The platform also brings an unprecedented technology: the ability for a merchant to accept proximity payments via their own mobile device.
“It is encouraging to be able to combine our global expertise in payment methods with Caixa's local reach to offer a solution capable of supporting the development of so many businesses and making life easier for so many Brazilians,” says Edson Nassar, head of Fiserv in Brazil.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale solution. Fiserv is a member of the S&P 500® Index and the FORTUNE® 500, and is among FORTUNE World’s Most Admired Companies®. Visit fiserv.com and follow on social media for more information and the latest company news.
FISV-G
View source version on businesswire.com: https://www.businesswire.com/news/home/20210705005331/en/
FAQ
What is the significance of the first payment transaction by Fiserv and CAIXA?
How will the CAIXA and Fiserv partnership affect Brazilian businesses?
What features does the CAIXA and Fiserv agreement offer?
When will CAIXA card machines be available across Brazil?
How long is the CAIXA and Fiserv partnership agreement?
