Confidential by defaultEstablished 201072 Jurisdictions
FAQ · LicensingQ-30511041 min read

How do BIN Partnerships differ from what MSB will provide us?

The question in full

BIN partnerships and MSB models serve different purposes. MSB licensing provides regulatory coverage for handling and custody of third-party funds under money transmitter rules. BIN partnerships focus on card issuance and processing infrastructure, operating under different financial frameworks.

Answer

MSB provides you with the regulatory (money transmitter license) coverage that you need for taking custody of 3rd party funds.

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Faisal KhanAnswered 06/Aug/2026
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Page Last Updated: 06/Aug/2026 (3051104)