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  • What we do
    What we do
    Explore the Carat Platform

    Orchestrate payments and commerce experiences.

    Alternative Payments

    Engage more customers and lower the cost of payments.

    Secure Commerce

    Protect your brand.

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    Control Center

    Take control of your business with data and insights.

    Omnichannel Commerce

    Imagine and realize new customer experiences.

    Payment Engine

    Simplify global payments and offer more choice.

    Payment Optimization

    Grow revenue, lower costs, reduce risk.

    Integration

    Simplify integration and get to market faster.

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    Local Payments & Wallets

    Unlock revenue in markets that matter to you.

    Stored Value and Loyalty

    Drive customer acquisition, retention, and loyalty.

    Currency Solutions

    Attract more customers and reduce cart abandonment.

    Pay by Bank

    Low-cost ACH payments without chargebacks.

    Payouts / Disbursements

    Deliver fast, more secure, cost-effective payouts.

    Online EBT

    Extend digital checkouts to all of your customers.

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    Fraud Mitigation

    Help reduce fraud losses and maximize acceptance.

    Encryption & Tokenization

    Help secure your business with multiple layers of end-to-end protection.

    Alternative Credit Data

    Help approve more customers, and manage and reduce risk.

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    Driving Growth for Retailers
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    Payment Optimization Checklist
    Learn more
    Payment Optimization checklist cover image
    Payment Optimization Checklist
    Learn more
  • Who we serve
    Who we serve
    Retail
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    Technology
    Gaming
    Platforms & Marketplaces
    Franchisors
  • Developers
  • Insights
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  • Contact Us

Platforms & Marketplaces

A single platform for payment facilitators, marketplaces, software companies, and acquiring banks to compliantly manage boarding, credit and risk, and money movement for sub-merchants.

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The world's leading payments platform... ready to go.

We give you more choice

Our single platform is built in a modular way, allowing you to build your unique payments business.

You keep more control​

The simplicity of out-of-the-box, with the ownership of something you built yourself. Get up and running in days, not months.

Trust us to deliver

The world's #1 global issuer processor and #1 global merchant acquirer.

Let us manage the complexity as you go for growth

Payment Facilitators: Fueling new business growth

Allow your sellers to sell seamlessly as you manage the full sub-merchant lifecycle. Keep regulators, schemes, and sponsors happy so you can focus on winning and retaining customers.

ISVs: Embedding payments in your software

Accept payments fast, eliminate manual processes, and reduce compliance risk so you can focus on building great software.

Banks: Supercharging the merchant experience

Enable frictionless merchant boarding with intuitive risk management that allows your clients to get to market faster and cheaper.

Boarding made easy

Never let a bad customer experience cost you a deal. Fast, efficient boarding solutions that orchestrate third-party and internal systems to help you turn prospects to customers – face-to-face, on the phone, or online.

  • Supports multiple sales channels
  • Proven application conversion improvement
  • Reduced cost per application
  • Third-party integrations to accelerate delivery

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Platform Boarding

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Sub-merchant Boarding

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Sign Agreement

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Platform Boarding

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Sub-merchant Boarding

Manage credit and risk

Scale safely in the knowledge that credit risk is under control. Our next-generation credit and risk technology is built to support merchant onboarding and dynamic, in-life management, offering continuous automated customer credit and fraud risk assessment on both hard and soft measures.

  • Onboarding and in-life assessments, combined
  • Flexible rules engine and intuitive configuration
  • Easy integration via a REST web services API
  • Cost-effective implementation and maintenance

Intelligent money movement

Serve merchants safely in the knowledge that money will move where it’s meant to. Our money settlement functionality imports and rates transaction data, calculates settlement batches for onward distribution to merchants and funds transactions. It can either be used for instructional funding or as managed settlement services.

  • Comprehensive invoicing, crediting and statementing functionality
  • Runs alongside the processing and settlement of transactions
  • Built-in deposit and reserve management
  • Full reconciliation and reporting via a funding dashboard
Payfac money movement flowchart

Unlock platform growth with embedded finance

Create new revenue streams and enrich customer experiences by embedding a financial journey that integrates banking and payment solutions effortlessly.

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Ideas and inspiration

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Podcast

Embedded payments demand that firms understand ‘entire chain’ of transactions

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Report

Platform business survey: The rise of embedded payments

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Podcast

How payments as a ‘product’ help digital ecosystems modernize money movement

Tell us your vision and we'll bring the solution

We will work with you to understand your business needs and show you how to best leverage our solutions to make your vision a reality.

Contact us

Explore more solutions from Carat

  • Local Payments & Wallets
  • Pay by Bank
  • Stored Value and Loyalty
  • Currency Solutions
  • Payouts / Disbursements
  • Online EBT
  • Fraud Mitigation
  • Encryption & Tokenization
  • Alternative Credit Data
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  • LinkedIn

© 2025 Fiserv, Inc. Fiserv is a registered trademark of Fiserv, Inc. All trademarks referenced here are the property of the respective owners. Merchant services provided by First Data Merchant Services LLC, doing business as Carat, is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA; Deutsche Bank AG, New York, NY; PNC Bank N.A., Pittsburgh, PA; MVB Bank, Fairmont, WV; Pathward, N.A., Sioux Falls, SD; and Citizens Bank, N.A., Providence, RI..

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