Fiserv Acquires Australian Payment Facilitator Pinch Payments

Fiserv says it has acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox.As the company noted in a Monday (April 7) announcement, Pinch — founded in 2017 and serving roughly 2,000 merchants in Australia and New Zealand — provides tools to facilitate payments more efficiently at scale.“This acquisition further demonstrates Fiserv’s commitment to the local payments market, following our recent launch of Clover in Australia,” Gavin Jones, head of Fiserv Australia, said in a ...