Moorwand's BIN sponsorship empowers organisations to issue prepaid cards and financial products without the need to hold their own direct scheme membership
It’s possible for you to issue prepaid debit or credit cards without being a card scheme member. You can do this by getting a BIN Sponsor (Bank Identification Number).
If you have a BIN Sponsor like Moorwand it means you can skip the extensive form filling, registration fees, and lengthy collateral requirements of becoming a card scheme member, but get the benefits of being one. We can be your BIN Sponsor, making sure that you adhere to the sceheme rules and standards, so you can get your product to market sooner.
At Moorwand we pride ourselves on treating our clients as individuals. Part of our business is becoming an expert on your business, so you know you’re in safe hands.
We provide you with the space to focus on delivering your payment solution, by managing the complex scheme application process, whilst ensuring that you have the relevant knowledge required to own your value chain of payments partners.
We’re flexible, so whether you require access to a card scheme membership, digital banking, or an e-money license, we are the provider for you.