Unlocking Card Issuing

Overview

You’ve developed an innovative fintech app, platform, or service—everything is in place except for issuing cards to your users. This is where our BIN Sponsorship Program comes in.

Bank Identification Number (BIN) is a unique identifier for your card program, used to tie the issued cards back to your brand. Through our BIN Sponsorship, you can issue cards backed by our banking infrastructure without becoming a bank.

How It Works

1. Initiation: You approach us with your vision for a card program. We assess feasibility and align on goals.
2. Partnership: We provide the BIN, expect Program Managers to manage their regulatory compliance requirements, and facilitate connections with card networks.
3. Transaction Monitoring: We require regular data sharing via secure SFTP in batch files supporting oversight of ongoing compliance.
4. Account Reconciliation: We validate and reconcile accounts to confirm that all accounts have been accurately recorded in the financial statements.
5. Launch: You design the cards and user experience, while we handle backend operations.

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Warning

Please note that this list is not comprehensive.