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.

PARTNER DETAILS

Visa Ready

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)


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

Solution Information

Category Visa Ready for Government Disbursements
VRGD partner for Asia Pacific; Europe
Visa credential and card support Prepaid, Debit, Credit
PCI Compliance
Yes
Uptime availability 99.90%

Solution Support

Visa Token Service (VTS) support Yes
Visa Direct support No
Visa QA payments ("Scan to Pay") support Yes
Virtual card capability
Yes
Installments support Yes

Additional solution information

Issuer processing Yes
BIN sponsorship Yes
Program management No

Program

Visa Ready

Capability

Government Disbursements