Fiserv and Genesis bank provide POS technology to small businesses

Posted under: SMB
Date: 2024-02-22
Fiserv and Genesis bank provide POS technology to small businesses

Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate-income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create a positive impact in local communities by providing customized access to Clover from Fiserv, the company said on Tuesday (Feb. 20). Small businesses in LMI communities served by Genesis Bank in Southern California will now have access to specially designed technology bundles, according to the release. These bundles address the unique challenges faced by these businesses and offer access to select Clover point-of-sale (POS) technology from Fiserv. The entry costs for this technology will be low, and the subscription fees will be “significantly discounted,” Fiserv said. “We are incredibly excited to be partnering with Fiserv to offer this low-cost retail solutions bundle to small- and mid-sized businesses,” said Genesis Bank Chairman and CEO Stephen H. Gordon.

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