Truist upgrades merchant services and onboarding process
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AI-assisted source synthesis · not an independent investigation.
On November 3, 2026, Truist announced an expansion of its merchant tools, introducing a faster digital onboarding process, business-owner insights and a view of payment activity. It also offers business management tools through Fiserv’s Clover point-of-sale system and Early Warning Services’ Paze as an online checkout option. The new process can reduce the time from a customer’s decision to enroll to completed onboarding by up to 80%; previously, it could take days. Merchants can also connect their payment processing accounts to Truist’s treasury management and lending services. The features launched after a pilot in the previous quarter. Truist’s third-quarter card and treasury management fees grew 2% year over year to $347 million. Earlier reports said new features such as Clover and Paze had both launched, while later reports said the company planned to expand the reach of both services.
AI-written from reports · updated 3 hours ago
Timeline
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- PYMNTSTruist launches multiple upgrades to merchant services solutions
Truist announced upgrades to its merchant services, covering solution selection, onboarding eligibility, data insights, payment management and multichannel customer service. The new digital onboarding and eligibility experience will reduce the time from a customer’s decision to proceed to implementation by up to 80%; Truist will also enhance the Merchant Engage feature and plans to expand the reach of Clover merchant solutions and Paze online checkout.
- Payments DiveTruist strengthens merchant services tools
Truist has introduced a faster onboarding experience, new management capabilities and a more complete view of payment activity for its merchant clients, along with online checkout options powered by Fiserv’s Clover point-of-sale system and Early Warning Services’ Paze digital wallet. All new features went live after a pilot last quarter; the bank’s card and treasury management fees rose 2% year over year to $347 million in the third quarter.
- Digital Transactions NewsTruist speeds up merchant onboarding and expands Clover and Paze services
Truist has launched a new digital merchant onboarding process and expanded merchant access to Clover point-of-sale devices and Paze online checkout services. The new process cuts the time from a customer’s decision to sign up to completed onboarding by up to 80%; the previous process could take days. Merchants can also connect their payment processing accounts to Truist’s treasury management and lending services through Truist Merchant Services.
- Banking DiveTruist expands merchant tools to increase customer value
Truist enhanced its merchant service capabilities, launching a faster onboarding process and adding insight tools for business owners. The bank is also providing more business management tools through Fiserv’s Clover point-of-sale system and adding Early Warning Services’ Paze digital wallet as an online checkout option; all new features are now live after being piloted last quarter. Truist’s card and treasury management fees increased 2% year over year to $347 million in the third quarter.
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