FIS Prepaid Travel EMV Card on MULTOS
FIS, a provider of payment card account processing services to several thousand US financial institutions has launched its first prepaid FIS Travel EMV card for customers who travel outside of the US. The Chip and Pin cards manufactured by CPI Card Group uses the highly secure MULTOS smart card operating system developed by Multos International.
The MasterCard branded FIS Travel EMV cards on MULTOS will be issued by Bancorp Bank. FIS will provide the prepaid card processing and personalization of the chip and the magnetic strip. The handling of new accounts, loading of funds on to the cards, and other account related management will be handled through FIS’ web-based system.
FIS is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. FIS delivers the most comprehensive range of solutions for the broadest range of financial markets and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.