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Deutsche Bank and Fiserv Launch Vert, Germany's Newest Payments Company

Deutsche Bank

  • Vert offers full-service payment acceptance solutions for merchants via mobile devices, apps and at the checkout
  • Vert continues to invest to meet the emerging needs of today’s merchants

Deutsche Bank and Fiserv, a global leader in payments and financial services technology, have launched Vert, a comprehensive payment acceptance and banking services provider to small and medium-sized enterprises (SMEs). Vert is the only German provider to combine payment acceptance and processing and traditional banking solutions, meeting market demand for an integrated offering and streamlining access to innovative products for merchants of all sizes. Vert also provides next-banking-day pay-outs, providing merchants with faster access to their funds.

Merchants are seeking user-friendly, integrated solutions that enable them to accept payments and move and manage money. Vert clients benefit from an offering that includes faster payments, modern technology, acceptance of common payment types and an online dashboard providing transaction data and other business reports.

“By combining the strength of Deutsche Bank, Germany’s largest bank, with Fiserv, the world’s largest merchant acquirer, we can provide our Vert members with a secure, fast and technologically advanced payment acceptance solution,” said Thorsten Woelfel, Managing Director Sales & Product at Vert.

“Our mission is to help our members grow and get the best out of their business,” added Gert Vido, Managing Director Shared Services at Vert.

Initially, Vert offers three solutions, suitable for a wide range of businesses, from mobile food trucks and brick-and-mortar restaurants to retailers and medical offices.