Fiserv has worked with Deutsche Bank to develop a new payment and banking solution aimed at SMEs.
In Brief:
Vert is a “comprehensive” payment acceptance and banking service for SMEs.
It is set to be the only provider in Germany that deals both payment and banking services in one such offering.
It will enable small merchants to access next-day banking payouts.
What does this mean?
Vert will equip SMEs in Germany with faster payments solutions, online dashboards and importantly, easy access to data. They'll also be able to use an existing Android device for contactless payments.
