Fiserv has agreed to acquire the remaining 49.9% stake in AIB Merchant Services, making it the sole owner of the European payments provider. The move is aimed at accelerating growth in Ireland and Europe, with a focus on expanding Fiserv’s Clover POS system. AIB Group will continue to partner with Fiserv by referring customers needing merchant acquiring services. The deal follows Fiserv’s recent acquisitions in Brazil, APAC, and Europe to strengthen its global payments capabilities.
Fiserv Acquires Full Ownership of AIB Merchant Services
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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