According to the press release, the Card Management Platform runs on FSSNeT, FSS’ secure private cloud, while the services model drives operational efficiencies, with dedicated cross-functional teams assuming responsibility for technical operations, platform enhancements, data security and regulatory compliance.

Europe plays a significant role in the development of digital payments and commerce, with a growing number of digitally empowered consumers in a challenging regulatory environment. Therefore, FSS tackles these challenges with its solution, including payment acceptance for in-store and online transactions, settlement, risk management, and reporting.

Moreover, the Emrys card programme offers customers an instant virtual prepaid card linked to a mobile app that supports multiple-wallets – an open-loop wallet as well as a closed-loop loyalty rewards wallet. Besides, for purchases made within the Emrys affiliate network, customers receive points that are credited to their loyalty wallet at the end of the day.