Already with Fiserv (First Data)?
Overview of Fiserv (First Data)
Fiserv (formerly First Data) is one of the largest payment processors in the world. In the UK, Fiserv operates directly and also powers a number of partner-branded card payment products through resellers and ISOs.
Because pricing on Fiserv-backed accounts varies significantly by channel and reseller, a statement review is the best way to establish the true effective rate on your account.
Common fees businesses should check
Blended or Interchange Plus, often with separate premium and international rates.
Monthly hire on a separate agreement.
Annual charge plus non-compliance fee where applicable.
Standard on most Fiserv-backed accounts.
Want us to check these fees on your Fiserv statement?
Start free reviewContract terms and considerations
- Merchant agreements typically run 12 to 60 months depending on the reseller channel.
- Terminal hire is usually separate.
Exit fees and early termination
- Early termination charges may apply on either contract.
- Some alternative providers may help with exit costs where switching makes clear financial sense, subject to approval.
We never guarantee to pay your exit fees or that you can be released from a contract. Any support with exit costs is dependent on selected alternative providers, is subject to approval and is only considered when switching makes clear financial sense.
Common reasons businesses request a review
- Account was opened through a reseller and pricing has never been benchmarked.
- Statement structure is complex or hard to interpret.
- Renewal or rate increase notification has been received.
Frequently asked questions
Will reviewing my Fiserv statement contact Fiserv?
No. We never contact your current provider without your written permission. The review is private and entirely for your information.
Do I have to leave Fiserv after the review?
Not at all. Many reviews end with the business staying on a renegotiated rate, or with confirmation that the existing setup is reasonable. You are under no obligation to switch.
How long does a Fiserv statement review take?
Most reviews are returned within a few working days once we have a recent monthly statement.
What does the review actually check?
Transaction rates, terminal rental, PCI fees, authorisation fees, monthly minimums, settlement timings, contract length, exit fees and any hidden extras specific to your account.
Get an independent view on your Fiserv setup
We check your rates, contract terms, exit fees and whether more suitable provider options may exist. No obligation. No provider contacted without your permission.
Or submit the form and we'll email you for it.
Related providers
RMS
A UK card payments brand operating in partnership with First Data / Fiserv, distributed largely through field agents.
Worldpay
One of the largest global acquirers, with a wide variety of products, pricing structures and contract terms in the UK.
Global Payments
A large international acquirer serving UK merchants directly and through partner banks and software platforms.
Related reading
Merchant Services Contract Guide
A practical UK guide to the terms hidden inside merchant agreements - length, notice periods, auto-renewal and terminal hire.
Understanding Your Merchant Statement
A plain-English guide to the line items on a UK merchant services statement, and which ones quietly inflate your effective rate.
How Card Payment Pricing Works in the UK
Blended, Interchange Plus, IC++ and pay-as-you-go pricing explained, with the trade-offs each model brings.