Toronto-Dominion Bank Strengthens Merchant Solutions with Fiserv Partnership

In a significant move to enhance its merchant services in Canada, Toronto-Dominion Bank (TD) has announced a strategic partnership with Fiserv, a global leader in payments and financial services technology. This collaboration, finalized on July 23, 2025, aims to elevate the client experience within TD’s Merchant Solutions business, known as TD Merchant Solutions (TDMS).

The partnership is set to simplify TD’s operating model while improving financial performance. By integrating Fiserv’s advanced technology, including the renowned Clover point-of-sale system, TDMS will offer its Canadian clients best-in-class solutions. This strategic relationship not only enhances TD’s service offerings but also strengthens Fiserv’s presence in Canada.

TD Bank Group, headquartered in Toronto, operates extensively in the financial sector, providing a wide array of banking, advisory services, and discount brokerage to a diverse clientele, including individuals, businesses, and multinational corporations. Listed on the Toronto Stock Exchange, TD has maintained a robust financial standing, with a close price of 102.17 CAD as of July 21, 2025, and a market capitalization of 175.78 billion CAD.

This partnership underscores TD’s commitment to innovation and customer satisfaction, positioning it as a leader in the Canadian banking industry. As the financial landscape continues to evolve, TD’s strategic alliances, such as this one with Fiserv, will play a crucial role in shaping its future growth and success.