If I lease a license will it allow us to integrate Mastercard and Visa?

The question in full

Leasing a payment license, technically known as BIN sponsorship, is the most efficient route for fintech's to integrate Mastercard and Visa into their product suites. By leveraging the banking charter of a Principal Member, businesses can bypass the multi-year process of obtaining a direct license while still offering robust card issuing and acquiring services.

Answer

If you find a sponsor, for VISA/Mastercard, yes, but we would need to see the flow of funds. When you say, integrate – integrate how? Are you acquiring customers using the VISA/Mastercard platform or are you issuing cards?

The answer is generally yes.

If I lease a license will it allow us to integrate Mastercard and Visa?

Suggested Video(s)