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Fiserv Completes the acquisition of CCV

Fiserv

Fiserv, a global leader in payments and financial services technology, has acquired CCV, a prominent payment solutions provider operating in the Netherlands, Belgium, and Germany. This strategic move aims to accelerate the deployment of Fiserv’s Clover platform and operating system across Europe, offering enhanced capabilities and innovation to a combined merchant and partner base. Founded in Arnhem in 1958, CCV pioneered electronic payments in the Netherlands during the 1970s and has since grown to serve over 600,000 businesses with end-to-end payment solutions, including transaction processing, online and closed-loop payments, acquiring services, and a diverse range of in-store and self-service payment terminals.

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The acquisition optimizes the operational and client support models of both companies, creating a robust omnichannel offering that enables more European businesses to seamlessly accept payments using Fiserv’s suite of products. Katia Karpova, Head of the EMEA region at Fiserv, stated, “The addition of CCV enables Fiserv to accelerate the deployment of our Clover platform and operating system, providing enhanced capabilities and innovation to our clients across Europe.” Michiel Bijleveld, CTIO of CCV, added, “Providing our merchant and partner network with Fiserv’s suite of products allows them to access the latest, best, and most reliable payment technology.” Financial terms of the transaction were not disclosed.

Read More: Fiserv Acquires CCV