Selecta is partnering with Fiserv, Inc., the global provider of payments and financial services technology solutions, to enhance and streamline digital payments across its points of sale, meeting consumer demand and boosting operational efficiency, as self-service technologies lead to a boom in the use of vending machines and smart fridges.
Selecta’s vision is to have a ONE Selecta technology solution that will support cashless interactions across its operations and enable future development and integration. The company is leveraging a unique pan-European payments solution from Fiserv, which will support payments with global and local card schemes and mobile apps at the point of sale.
Selecta is also evaluating a mobile payment app, which will include access to a Selecta loyalty program. A dedicated merchant portal will enable the company to streamline terminal management, including onboarding and activation, reporting and insights, maintenance, and diagnostics.
The roll out of the Fiserv payment platform has begun across Selecta’s European markets.
‘Whether buying a beverage or a meal in the workplace or on-the-go, consumers are looking for modern, cash-free and contactless payment options,’ said Christian Schmitz, CEO of Selecta Group. ‘With Fiserv, we will be able to deliver these options in a way that is easy for us to manage, through a single solution. At the same time a unified reporting will give us a new level of insight into our business.’
‘Seamless digital payment capabilities perfectly complement the convenience of self-service retail, and enhance the overall buying experience,’, John Gibbons, Head of EMEA at Fiserv said. ‘As consumer habits continue to shift, we’re committed to working with Selecta to meet the current and future payment preferences of their clients while enabling them to streamline operations across Europe.’
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As a global leader in payments and financial technology, Fiserv 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®.