Fiserv Pitches Recovery; Square Targets Drive-Thru Operators

Two items this week affect merchants in different segments. Fiserv presented a recovery plan to investors Thursday, seeking to restore confidence in its performance outlook. Block Inc.'s Square launched Square for Drive-Thru, a new platform for quick-service operators. Neither item signals immediate cost changes, but both indicate where these processors are directing investment.

## Industry moves

Fiserv presented a recovery plan to investors Thursday, per Payments Dive (https://www.paymentsdive.com/news/fiserv-seeks-better-days-ahead/820309/). The company sought to reassure investors about its performance outlook. Merchants on Clover POS or other Fiserv-connected services should watch for follow-on operational or pricing announcements.

Block Inc.'s Square launched Square for Drive-Thru on May 11, per Digital Transactions (https://www.digitaltransactions.net/square-for-drive-thru-debuts-and-other-digital-transactions-news-briefs-from-5-11-26/). Built with The Howard Company and Nanonation, the platform covers order capture, kitchen operations, and customer handoff. It targets quick-service and drive-thru operators specifically.

## The takeaway

Clover merchants: review your Fiserv contract terms now, before any pricing changes are announced. If you operate a drive-thru or quick-service location, add Square for Drive-Thru to your POS evaluation list and request a pricing demo before committing to any platform.