Fiserv launches merchant site for its new mobile card reader

Catering to SME demand

Fiserv, has announced that it has launched www.spotpay.com, a new website for small businesses to learn more about and enroll in SpotPay, its recently announced mobile card reader and remote check deposit solution. It enables financial institutions to offer their small business account holders an anywhere, anytime mobile solution to accept both card and check payments from a smart phone with the SpotPay reader.

Small businesses that enroll at www.spotpay.com will automatically be matched to their participating financial institution. Additionally, their financial institution will receive co-branding and incentives. If the SpotPay user’s bank or credit union isn’t yet a SpotPay member, the merchant will be enrolled directly until their financial institution joins SpotPay.

“We are providing Spotpay.com to help meet the incredible demand of our financial institution clients who want to get SpotPay to their small business account holders quickly but have internal IT constraints,” said David Keenan, general manager, Network Solutions, Fiserv.

SpotPay from Fiserv is available to financial institutions that are part of the ACCEL/Exchange payments network. Merchants are able to swipe credit, debit and prepaid cards with their mobile device to accept payments. And, a key differentiator, SpotPay offers merchants the ability to deposit checks using the mobile remote deposit capture feature that allows users to securely take a picture of the front and back of a check and deposit the item electronically.

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