Fiserv plans to consolidate and sell or shut down one debit card network
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On November 12, 2026, Payments Dive reported that Fiserv is moving customers to one of its two debit card networks and plans to sell the other; if there is no suitable offer, the company will gradually shut down that network. CEO Takis Georgakopoulos said the customer migration is expected to be completed over the next few quarters, but did not say whether the company will retain Star or Accel. The report did not provide information such as potential buyers, offers, or a shutdown timeline.
AI-written from reports · updated 2 hours ago
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- Payments DiveFiserv Plans to Sell or Shut Down One of Its Debit Networks
Fiserv is migrating customers to one of its two debit networks and plans to sell the other; if it does not receive a suitable offer, it will gradually shut down that network. CEO Takis Georgakopoulos said the migration will be completed over the next few quarters, but did not say whether the company will retain Star or Accel.
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