Financial Software and Systems (FSS), a globally leading provider of integrated payment products and a payments processor, announced on Tuesday significant enhancements to its prepaid multi-currency card offering, aimed at providing greater choice, security, and convenience to international travelers.
According to FSS, FSS Unified Issuance Platform (Prepaid) offers issuers the ability to launch their own branded card programmes for international travellers.
“The recent enhancements allow issuers to tap into early resurgent demand and deliver an improved travel experience to cardholders. Cardholders can set-up currency purses on demand, block and unblock their card, and request for an instant add-on card.”
FSS further revealed that the new multi-currency payment solution enables customers to enjoy travelling without carrying cash or avoid dealing with fluctuating exchange rates. Most prepaid multi-currency cards come with a set of currencies pre-defined by the bank. Speaking about the enhancements, Sathish N, Dy Chief Product Officer at FSS, stated:
“FSS Unified Issuance Platform powers 800 Million cards globally. As a global leader in card management platforms, we continue to innovate at pace to help banks and FinTechs differentiate their cards portfolio. The current enhancements to our multi-currency forex card offering are another step to maximise customer delight and deliver exceptional experiences.”
Headquartered in Chennai, India, FSS describes itself as a strategic payments partner for leading global banks, financial institutions, processors, central regulators, and governments across North America, UK, Europe, Middle East, Africa, and APAC. End-to product portfolio includes Card Issuance, Omni-channel Acquiring and Merchant Management, Payment Analytics, Digital Security, Reconciliation and Settlement, and ATM Monitoring and Management.