FIS
Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500 Index.
BNPL Solutions
FIS has partnered with Visa to support Visa BNPL through the following capabilities / support activities:
- Visa API integration
- Build new ledger type for installments
- Account for new fees to general ledger
- Build installment scheduling capabilities (fee calculation, monthly min due, etc.)
- Implement policies for cancellation, early/late repayment, refunds
- Implement payment hierarchy
- Network agnostic support
- Digital card issuance
Program
Visa Ready
Capability
Buy Now Pay Later (BNPL)
FIS for Government Disbursements
The Visa Ready for Government Disbursements program assesses issuer processors’ capabilities against government requirements, and enables Visa to match governments to providers for their specific program needs. For disbursement programs, governments make special considerations to protect and accommodate beneficiaries in socially and economically vulnerable situations, and working with a delivery partner with the necessary capabilities is crucial. Visa Ready enables governments to find specialist partners to deliver against their requirements and meet their particular needs
Visa Ready for Government Disbursements - Issuer Processor
| Capabilities | Issuer processing BIN sponsorship |
| VRGD partner for | Asia Pacific; Europe |
| Visa credential and card support | Prepaid, Debit, Credit |
| PCI Compliance |
Yes |
| Uptime availability | 99.90% |
| Additional solution support | Visa Token Service Visa QR payments ("Scan to Pay") Instalments Virtual Card |
Program
Visa Ready
Capability
Government Disbursements