US Alliance Group Looks to Fiserv Debit Gateway and Accel Network Partnership to Support Growth
August 23 2018 - 8:30AM
Business Wire
Merchant Independent Sales Organizations will
benefit from dependability and scalability
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of
financial services technology solutions, announced today its debit
gateway solution will enable US Alliance Group, Inc. (USAG) to
offer enhanced processing capabilities, as well as greater
scalability for USAG to grow its Payment Processing business.
USAG is a leading payment processor, providing
transaction-processing capabilities to more than 30,000 retailers,
including point-of-sale (POS), ATM, card not present and Accel®
debit payments network signature debit (ANP+) through its sponsor
and settlement bank Evolve Bank & Trust. The added processing
platform scalability gives USAG the ability to meet the needs of
today’s merchants for secure, flexible and competitively priced
debit routing options, while offering a broader range of solutions
available through Fiserv, including walk-in bill payment and
CardFree CashSM from Fiserv.
“Partnering with Fiserv will allow us to support ATM, PIN Debit
and PIN-Less Debit solutions, while giving us more control and
flexibility over least-cost routing options,” said Fadi Cheikha,
CEO, US Alliance Group. “These processing capabilities will further
our objective to be a ‘one-stop shop’ for all payment needs,
offering a wide variety of payment solutions specifically designed
for today’s merchant.”
“Forward-looking merchants of all sizes rely on USAG for its
industry-leading transaction processing capabilities,” said David
Keenan, SVP, Product Management, Card Services, Fiserv. “We are
pleased to help USAG augment those capabilities through diverse,
innovative solutions such as debit signature routing, secure
e-commerce processing, least-cost routing, and CardFree Cash.”
Expanded debit POS features, including signature-based
transactions, provide issuers with another option to authorize
traditional signature-based transactions and improve net
transaction economics.
In a world moving faster than ever before, Fiserv helps clients
deliver solutions aligned with the way people live and work today –
financial services at the speed of life. Learn more at
fiserv.com.
Additional Resources:
- Accel from Fiserv -
https://www.fiserv.com/payments/payment-services-network.aspx
- US Alliance Group -
http://usag-inc.com/
- Evolve Bank & Trust -
https://www.getevolved.com/
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create
and deliver financial services experiences in step with the way
people live and work today. For more than 30 years, Fiserv has been
a trusted leader in financial services technology, helping clients
achieve best-in-class results by driving quality and innovation in
payments, processing services, risk and compliance, customer and
channel management, and insights and optimization. Fiserv is a
member of the FORTUNE® 500 and has been named among the FORTUNE
Magazine World's Most Admired Companies® for five consecutive
years, recognized for strength of business model and innovation
leadership. For more information, visit fiserv.com.
About USAG
USAG delivers comprehensive payment processing and integrated
payment software solutions to merchants and developers looking to
accept payments in all forms. Headquartered in Rancho Santa
Margarita, California, the company brings world-class technology to
companies. For more information, visit usag-inc.com or
call 888.327.2860.
About Evolve Bank & Trust
Headquartered in Memphis, Tennessee, Evolve Bank & Trust
currently operates 34 branches/offices in 20 states. Evolve’s
dedicated Payment Processing Division offers ACH, Debit
Sponsorship, Remote Deposit Capture and other processing services
to clients around the country. In addition to payment processing
services, Evolve also offer Banking, Mortgage, SBA and Trust
services nationwide. For more information about Evolve, please
visit www.getevolved.com.
FISV-G
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version on businesswire.com: https://www.businesswire.com/news/home/20180823005129/en/
Media Relations:Mark JelfsPR ManagerFiserv,
Inc.414-218-4019mark.jelfs@fiserv.comorAdditional
Contact:Cristy WilliamsSr. Director, Corporate
CommunicationsFiserv,
Inc.678-375-3295cristy.williams@fiserv.com
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