FIS teamed with Discover Financial Services to process cards that are accepted over the Discover Network.

In addition to the newly added Discover cards, FIS currently supports card issuers for Visa, MasterCard, and American Express as well as domestic schemes and proprietary card brands.

The Discover Network markets and supports a full range of credit, debit, and prepaid cards including the Discover Card. At least one in four U.S. households hold a Discover Card. Further, Discover’s U.S. card issuing business has more than $46 billion in receivables.

FIS provides card processing services for every aspect of card production and processing including activation, fraud management, and value-add loyalty programs. In addition, FIS’ solutions provide end-to-end processing support of consumer, commercial, small business, and private-label card programs. Currently, FIS processes 70 million credit cards, 125 million debit cards, and in excess of 180 million prepaid cards on a global basis. In the United States alone, FIS provides credit card processing for 3,000 financial institutions.

“Adding the Discover Network to FIS’ card processing offerings provides FIS’ clients, and the end user, with more options for their credit card needs,” said Frank D’Angelo, executive vice-president, FIS Payment Solutions Group.

http://www.fisglobal.com/C010865