FIS Providing Services for Univision MasterCard Prepaid Card
Aug. 18, 2014
Spanish-language media company Univision has chosen payment technology supplier FIS to provide end-to-end prepaid services for the Paybefore Award-winning Univision MasterCard Prepaid Card. The partnership enables Univision to upgrade its technology and security, while continuing its Spanish-language utilization of mobile solutions, such as mobile Internet access and SMS texting. The multiyear deal includes multiple aspects of prepaid card operations and technology for the Univision MasterCard Prepaid Card, including core prepaid account processing, ID verification, fraud detection and prevention, dispute processing, mobile and Web hosting services and portfolio-to-card level reporting, according to the announcement. FIS processes more than 200 million prepaid cards and provides end-to-end solutions for developing, processing and administering prepaid programs.
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