FIS Teams up with Kipp to Support Debit Issuers
Summary by thepaypers.com
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FIS Partners With Issuer-Merchant Collaboration Platform Kipp To Prevent Card Declines and Unlock Revenue for Debit Issuers
FIS is partnering with Kipp to bring a first-to-market merchant funded non-sufficient funds (NSF) authorization solution to debit issuers, helping to enable a more predictable and efficient payment experience to consumers. This solution is designed to combat the leading cause of card declines at the point of sale: insufficient funds. This innovative solution helps issuers minimize friction, retain customers, sustain transaction volume, and sta…
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