BIN Sponsorship
We provide BIN Sponsorship for Mastercard and Visa card programmes.
If you're looking to efficiently access Mastercard and Visa payment networks for your physical and virtual prepaid debit cards, IDT Finance can support.
Fast-track BIN Sponsorship
Through a partnership with us, you can gain approval and launch your card programme quickly.
BIN Sponsorship is a common alternative to gaining direct Principal membership. This decision allows you to cut through the complex and costly process, while gaining all of the benefits of Mastercard or Visa payment cards.
What a BIN Sponsor does
As well as issuing physical and virtual cards and e-wallets, a BIN Sponsor ensures full compliance and security.
This covers compliance with local regulations and network rules, risk management, ecosystem due diligence, and stakeholder reconciliation and settlement.
BIN Migration
If you’re looking to switch BIN issuers, we can provide a seamless transition from your current issuing partner to us.
Expanded Services
Alongside standard BIN Sponsor services, we offer a single contract for issuing services, processor and card manufacturer direct to our partners or via a programme manager. This reduces complexity and time to launch.
Why choose BIN Sponsorship?
By launching your card programme with IDT Finance’s existing direct partnerships, you can forget the long waits and approval process – we’ve already done it for you.
What is a BIN?
A Bank Identification Number (BIN) is an identifier for the card issuer of a payment card. The first digit identifies the industry, and the following 3-5 digits identify the financial institution that issues the card.
In line with the new ISO standard, Mastercard and Visa also supports eight-digit BINs.
Launching a card programme?
Tailormade strategies to bring your card to market, executed to perfection.
Get in touch
Want to learn more about how we can launch or grow your card programme?
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