Systems & Methods Inc.
“Can a government-focused payment processing company become the dominant infrastructure layer for state-mandated family support disbursements in the United States?”
Founded1971
HQCarrollton, GA, United States
IndustryFintech / SMB banking
The story
Founded in 1971 as a local computer consulting firm in Carrollton, Georgia, SMI evolved over five decades into a specialized government payment solutions company. The company pivoted to focus on child support disbursement and State Disbursement Unit (SDU) operations, now serving 16 states. A key embedded finance product is the smiONE Visa Prepaid Card, managing disbursements for over 2 million cardholders across 12 states and 13 tribes, with The Bancorp Bank as a known banking partner underpinning the prepaid card program.
Last 12 months
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Product timeline
1971
Founded in Carrollton, Georgia as a local computer consulting service.· pivot
2000
Evolved into a government payment solutions provider, operating State Disbursement Units (SDUs) for child support payments across multiple US states.· pivot
2010
Launched the smiONE Visa Prepaid Card program, managing reloadable prepaid cards for government disbursement recipients.· card
The stack
4 layers disclosed in Systems & Methods Inc.’s embedded-finance stack
Payments / PSP
smiONE Visa Prepaid Card (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Sponsor bank
in the full report
Accounting gap: none
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.