's affiliate company, Foris Asia Pte, is an approved VISA Program Manager. Being a Program Manager makes us the owner of the card program which enables us to manage the marketing, distribution, KYC/AML, customer support and all other operational aspects of the card program, including working with a processor on transaction authorisation and processing. Being a Program Manager is different from being a Card Issuer as the latter is responsible for meeting local regulatory requirements and settlements to VISA. 

Did this answer your question?