FIS Merchant Services Overview

In partnership with ICBA Bancard Inc., FIS™ provides a comprehensive suite of products and services with customized credit, debit, check, and gift card processing solutions that are uniquely tailored for the specific business needs of your community bank. With FIS behind you, you gain innovative processing solutions and in-depth knowledge to help you minimize costs and create efficiencies in your merchant business—all from an experienced partner you can trust.

FIS_2016_rgb_WEB

FIS Merchant Programs: Agent & Referral—Risk Free Revenue

ICBA Bancard, in partnership with FIS, helps protect banks in the merchant acquiring business from the growing complexity of today’s fraud exposure and regulatory scrutiny. Through FIS, banks can take advantage of a risk-free revenue stream from one of two merchant services options: the Agent Program or the Referral Program.

The Agent Program

  • Provides merchant services under the FIS umbrella with ICBA Bancard as the sponsor institution.
  • Allows banks to manage the sales and customer service processes with their merchant customers.
  • FIS holds the contract and all associated liability for acquiring services.

The Referral Program

  • Provides merchant services under the FIS umbrella with ICBA Bancard as the sponsor institution.
  • The Referal Program provides your bank compensation for simply referring existing merchants or merchant prospects to FIS.
  • FIS holds the contract and all associated liability for acquiring services.
  • Bank is not accountable for liability, expenses or day-to-day responsibilities for supporting merchant accounts.

The ICBA Bancard Advantage

  • Upfront payment on approvals
  • Monthly residual revenue stream
  • Zero liability
  • Products to suit a wide array of vertical markets
  • PCI and breach protection
  • Settlement of funds to a DDA that resides at your financial institution
  • Dedicated customer service and support
  • Point-of-sale deployment, repair and supply services
  • Card association updates and system enhancements
  • Chargeback processing
  • 24-hour access to online tools for managing batches, deposits, chargebacks, retrievals, 1099k and PCI support.