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Visa and FIS target small FIs with value-added solutions such as a wallet link that pushes an issuer’s branded digital card to the customer’s digital wallet and stop payment services that enable cardholders to halt recurring payments to merchants

June 27, 2025 //  by Finnovate

Visa and FIS expanded their partnership to offer new value-added payment capabilities to financial institutions of all sizes. The new offerings will include stop payment services that enable cardholders and call centers to halt recurring payments to merchants, a wallet link that pushes an issuer’s branded digital card to the customer’s digital wallet, and eCommerce fraud mitigation that gives issuers increased eCommerce transaction approval rates and helps eliminate the financial liability of chargebacks due to fraudulent purchases. Visa and FIS will also offer a digital campaign manager that facilitates the use of new marketing channels, such as augmented reality events and other digital experiences. The companies expect to make these new capabilities available to FIS client issuers by the end of the year. Chris Como, head of cards and money movement at FIS, said in the release that these offerings are meant to help small financial institutions compete with larger ones. “By integrating Visa’s advanced solutions into the FIS ecosystem, we are helping to level the technological playing field for those providers, illustrating our commitment to unlocking financial technology to the world,” Como said.

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Category: Members, Networks Processors & PSPs, Innovation Topics

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