How to fast-track Mastercard BIN Sponsorship
What is a BIN Sponsorship?
BIN (bank identification number) sponsorship is a quick and easy way to process card payments and access large card schemes such as Visa, Discover and Mastercard. These schemes allow companies to create a scalable payments product and launch their proposition to market, without joining a card scheme directly.
What are the benefits of a BIN Sponsorship?
We are a sponsor and Mastercard Principal Member, and can therefore offer you a range of features and benefits including:
- A flexible approach from direct sponsorship to full Programme management
- A quick, simple and efficient process
- Available for debit cards, prepaid cards and credit cards
- Access to a variety of additional payment products
- Fully compliant AML and KYC
- Deliver program control and audits
- Significantly reduce time to market
- Ensure regulatory compliance with all existing payment regulations within the UK and Europe
- Support and advice from our experts
How to fast-track a BIN sponsorship
Through traditional channels, it can take companies anywhere from 12 months to build a payment infrastructure, but with a fast-track BIN sponsorship, it can be completed in a matter of weeks.
Our customers receive fast-track Mastercard BIN sponsorship through Optimus Cards, for debit cards, prepaid cards and credit cards. We can sponsor card programmes as an EMI for non-regulated businesses, or on behalf of a financial institution. You can opt in to our one stop solutions or Work with your own supply chain. Flexibility is one of our core strengths.
Visit our BIN Sponsorship solutions page and discover all the member benefits without the cost.