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Business Segment Information
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
The Company’s operations are comprised of the Acceptance segment, the Fintech segment and the Payments segment. The businesses in the Acceptance segment provide a wide range of commerce-enabling solutions and serve merchants of all sizes around the world. These solutions include merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Clover®, the Company’s cloud-based POS and integrated commerce operating system for small and mid-sized businesses and independent software vendors; and CaratSM, the Company’s integrated operating system for large businesses. The Company distributes the products and services in the Acceptance segment businesses through a variety of channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions and other strategic partners in the form of joint venture alliances, revenue sharing alliances and referral agreements. Merchants, financial institutions and distribution partners in the Acceptance segment are frequently clients of the Company’s other segments.
The businesses in the Fintech segment provide financial institutions around the world with the technology solutions they need to run their operations, including products and services that enable financial institutions to process customer deposit and loan accounts and manage an institution’s general ledger and central information files. As a complement to the core account processing functionality, the Fintech segment businesses also provide digital banking, financial and risk management, professional services and consulting, check processing, and other products and services that support numerous types of financial transactions. Certain of the businesses in the Fintech segment provide products or services to corporate clients to facilitate the management of financial processes and transactions. Many of the products and services offered in the Fintech segment are integrated with products and services provided by the Company’s other segments.
The businesses in the Payments segment provide financial institutions and corporate and public sector clients with the products and services required to process digital payment transactions. This includes card transactions such as debit, credit and prepaid card processing and services; a range of network services; security and fraud protection products; and card production and print services. In addition, the Payments segment businesses offer non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. Clients of the Payments segment businesses reflect a wide range of industries around the world, including merchants, distribution partners and financial institution customers in the Company’s other segments.
Corporate and Other supports the reportable segments described above, and consists of amortization of acquisition-related intangible assets, unallocated corporate expenses and other activities that are not considered when management evaluates segment performance, such as gains or losses on sales of businesses, certain assets or investments; costs associated with acquisition and divestiture activity; certain services revenue associated with various dispositions; and the Company’s Output Solutions postage reimbursements.
Operating results for each segment were as follows:
Reportable Segments
(In millions)AcceptanceFintechPaymentsCorporate
and Other		Total
Three Months Ended September 30, 2023
Processing and services revenue$1,832 $741 $1,430 $5 $4,008 
Product revenue274 54 274 263 865 
Total revenue$2,106 $795 $1,704 $268 $4,873 
Operating income (loss)$757 $291 $827 $(372)$1,503 
Three Months Ended September 30, 2022
Processing and services revenue$1,603 $737 $1,333 $5 $3,678 
Product revenue275 29 284 252 840 
Total revenue$1,878 $766 $1,617 $257 $4,518 
Operating income (loss)$610 $261 $738 $(754)$855 
Nine Months Ended September 30, 2023
Processing and services revenue$5,227 $2,234 $4,126 $18 $11,605 
Product revenue791 137 852 791 2,571 
Total revenue$6,018 $2,371 $4,978 $809 $14,176 
Operating income (loss)$2,037 $856 $2,315 $(1,640)$3,568 
Nine Months Ended September 30, 2022
Processing and services revenue$4,681 $2,232 $3,810 $15 $10,738 
Product revenue751 115 787 715 2,368 
Total revenue$5,432 $2,347 $4,597 $730 $13,106 
Operating income (loss)$1,673 $817 $2,018 $(1,947)$2,561