How to Cancel Your Fiserv Account
Locate your merchant agreement and equipment lease
Fiserv often involves both a processing agreement AND a separate equipment lease — two distinct contracts. Review both for termination terms.
Send written notice of non-renewal or cancellation
Fiserv processing agreements require written notice typically 30–90 days before renewal. Equipment leases have separate notice requirements. Send both via certified mail.
Return or address leased equipment
If you have leased equipment, the lease continues even if you cancel processing. Review options: returning equipment, paying off the lease, or continuing lease payments while using new equipment.
Confirm final billing and closure
Request written confirmation of your account closure date and final statement to ensure no additional fees are charged.
What to Expect During the Transition
Fiserv transitions can be complex due to the multi-contract structure (processing + equipment lease). Liberty Bancard helps you navigate both contracts and provides free terminals for qualifying merchants so you can start fresh without equipment hassle.
Timeline
Day 1–3: Contract review and application. Day 3–5: Underwriting and approval. Day 5–14: Equipment and go-live (timeline varies based on contract situation).
How Liberty Bancard Handles the Switch for You
Liberty Bancard reviews both your processing contract and equipment lease, helps you calculate the full cost of switching (including any lease obligations), provides free terminals for qualifying merchants, and handles all account setup with dedicated onboarding support.
What You Need to Get Started
- Last 3 months of Fiserv processing statements
- Fiserv merchant processing agreement
- Equipment lease agreement (if applicable)
- Business bank account information
- Business documentation for underwriting
Ready to Start?
Upload your Fiserv statement and we'll handle the rest — statement review, application, underwriting, equipment, and go-live support. Most merchants are fully live within a week.
Upload Your Statement to Start See Liberty Bancard vs Fiserv