Jacksonville-based FIS to provide a new end-to-end prepaid solution for the Univision MasterCard Prepaid Card. The deal allows the Univision MasterCard Prepaid Card to continue to expand, while upgrading technology and security and continuing its Spanish-language utilization of mobile solutions, including mobile Internet access and SMS texting.
Additionally, the multiyear deal encompasses 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.
The Univision MasterCard Prepaid Card is a reloadable prepaid card that was developed from its inception with Hispanic consumer insights. The Card is accepted everywhere Debit MasterCard is accepted.
FIS processes more than 200 million prepaid cards and provides robust, end-to-end solutions for the development, processing and administration of prepaid programs.
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