Fiserv recently announced a strategic partnership with Sumitomo Mitsui Card Company to introduce the Clover Suite of Products in Japan. This collaboration aims to provide an all-in-one commerce solution for millions of small businesses. It will support retail, food and beverage, and professional service providers. The initiative drives digital transformation and improves operational efficiency across the region.
The platform launch is specifically expected in late 2026. This system will help Japan achieve its goal of increasing cashless payments. The country aims for a 65% cashless rate by 2030. Merchants will benefit from multistore support and smartphone-based operations. These tools allow businesses to modernize their daily management tasks effectively.
“We’re excited to partner with SMCC to empower small businesses in Japan with technology that simplifies operations and fuels growth,” said Mike Lyons, CEO of Fiserv. “This marks a significant step in expanding our global reach and enabling businesses of all sizes to thrive in a new era of commerce.”
Expanding Global Reach in Digital Commerce
Fiserv continues to expand its international footprint with this new agreement. The Clover Suite of Products previously launched in Brazil and Australia. Now, Japanese merchants can access centralized management tools to grow their businesses. This technology enables them to participate fully in the evolving digital economy.
“By combining SMCC’s expertise in driving the cashless economy in Japan with Fiserv’s advanced technology, we will create new opportunities,” said Yukihiko Onishi, President and CEO at SMCC.
Sumitomo Mitsui Card Company was a pioneer in issuing Visa Cards in Japan. It remains a comprehensive payment service provider today. Fiserv is a global leader in payments and financial technology. The company moves more than money through its innovative solutions. This partnership ensures that Japanese SMBs stay competitive in a changing market. Both firms are committed to fostering success through the Clover Suite of Products.
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News Source: Businesswire.com
