To launch a financial product, meeting the mandatory conditions imposed by payment systems, such as obtaining an identification number, is crucial. Visa is a popular choice for many financial service providers due to its reliability and safety. Visa cards are accepted worldwide, allowing users to make payments in stores, hotels, and airlines. Cardholders also receive additional discounts and exclusive promotions. To track transactions, pay bills, and maintain the flow of documents, a BIN is required.
However, obtaining a BIN can be a lengthy process, taking at least six months. For many founders of new financial products, waiting that long is not feasible due to time and resource constraints. To expedite the market launch of their products, companies can use the services of a BIN sponsor. BIN sponsors have already fulfilled all payment system requirements and received a BIN, which they can provide to their partners.
Wallester offers BIN sponsorship services on favorable terms, allowing businesses to quickly launch financial projects with instant issuance of Visa cards. With a BIN sponsor, businesses can save time and resources, streamlining the process of launching their financial products.
In summary, obtaining a BIN is essential for launching a financial product. Visa is a popular choice due to its reliability and safety, but obtaining a BIN can be a lengthy process. For those looking to expedite the launch of their financial products, BIN sponsorship services are available from FinTech companies like Wallester. With their help, businesses can quickly launch their projects with instant Visa card issuance, saving time and resources.
Partnership offer from Wallester
Wallester offers an off-the-shelf card solution that includes BIN sponsorship, saving businesses time and effort in the application process. Partners who use Wallester’s BIN sponsorship service can issue an unlimited number of Visa cards, including debit, credit, and prepaid cards. Virtual cards are also available, not just physical cards. The cards are secured using the 3D Secure security protocol and two-step user authentication, providing protection against fraudsters. They can also be added to electronic wallets and comply with all KYC/AML standards and regulations.
In addition to these benefits, businesses can increase their recognition in the market by issuing White Label cards. Wallester’s platform for launching card projects is easy to use and can be accessed online from any web browser or through a mobile app installed on Android or iOS mobile devices. The platform offers many unique features, such as statistics tracking, spending monitoring on corporate cards, a convenient sorting system, and role setup for staff. These functions are necessary for the effective financial activity of any business.
Benefits offered by Wallester’s BIN sponsorship service:
- Ability to issue an unlimited number of Visa cards, including debit, credit, and prepaid cards. Virtual cards are also available, not just physical cards.
- Secure transactions using the 3D Secure security protocol and two-step user authentication, providing protection against fraudsters.
- Ability to add all types of issued cards to electronic wallets.
- Compliance with all KYC/AML standards and regulations.
- Protection of all payments from fraudsters.
- Easy integration of the platform for launching a card project with the software already used by the company.
- Ability to increase its recognition in the market by issuing White Label cards.
- A unique platform for launching card projects with functions necessary for the effective financial activity of any business, such as statistics tracking, spending monitoring on corporate cards, a convenient sorting system, and role setup for staff.
By taking advantage of Wallester’s BIN sponsorship service, businesses can quickly and easily launch their own Visa card project with an array of benefits and features to ensure security and efficient financial activity.
Businesses are interested in White Label solutions for launching their own card payment system
Wallester’s White Label solution is suitable for a wide range of businesses looking to launch their own Visa card project. Here are some examples of businesses that can benefit from our solutions:
- Consumer lending companies: Wallester’s solutions can help modernize financial processes for companies providing fast credit. By issuing their own cards, they can work more effectively and provide better services to their customers.
- Business lending companies: Our solutions can help optimize work with business customers and extend the range of services they offer, leading to increased customer satisfaction.
- Banking institutions: Wallester helps banks implement innovative solutions without spending too much money, enabling them to offer modern payment tools to their customers.
- Financial technology companies: Many fintech companies do not have their own payment system. With Wallester’s platform, they can move to a new evolutionary level and provide their customers with an innovative payment solution.
- Tourism businesses: Wallester’s solutions can help tourism businesses interact effectively with companies from different spheres and provide them with a multifunctional payment tool to enhance their customer experience.
If you need a corporate payment system to develop your business effectively, contact Wallester. Our application process is straightforward – simply fill out an application, enter your company information, and attach your registration documents. You can expect a partnership decision within 24 hours.
In summary
Wallester’s off-the-shelf card solution includes BIN sponsorship, making it easy for businesses to issue unlimited Visa cards, both physical and virtual, while ensuring secure transactions and compliance with KYC/AML standards and regulations. With the ability to issue White Label cards and a platform that offers unique features for effective financial activity, Wallester is the perfect partner for any business looking to launch a card project quickly and easily.
