Fiserv and Selecta Group Partner to Launch Cashless Payments Across Europe

Fiserv, Inc. (Fiserv), a leader delivering payments and financial services technology solutions, has formed partnership with Selecta Group (Selecta), Europe’s leading self-service provider offering great quality coffee and convenience food solutions in the workplace and public spaces, to enhance and streamline digital payments across Selecta’s points of sale in Europe.

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The collaboration is expected to meet Selecta’s consumer demand and boost operational efficiency as self-service technologies as vending machines and smart fridges boom in a pandemic-conscious world. According to the official press release, the launch of the Fiserv payment platform across Selecta’s European markets began in summer 2021.

“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, while unified reporting will give us a new level of insight into our business.”

Besides, seamless digital payment capabilities perfectly complement the convenience of self-service retail, and enhance the overall buying experience, says John Gibbons, Head of EMEA at Fiserv.

Earlier this month, Fazzaco reported that Fiserv has partnered with Caixa Cartões​, a subsidiary of Caixa Economia Federal, through Caixa-branded point-of-sale (POS) terminals, "Maquininha Caixa Pagamentos", to provide merchant acquiring services throughout Brazil.