Good afternoon everyone. I am currently in the process of making one of my most important decisions and I would like to understand more about this issue before I make it. I hope you can help me with this.

Hello, my dear friend. I totally understand your doubt and misunderstanding, so let me try to help you in this matter. BIN sponsorship reduces the huge waiting time which can take up to 3 or even 4 months and sometimes it can even go up to 6 months. This waiting period is excruciating, especially when you have the momentum of product development and want to get right down to business. You will be able to get your product to market much faster and get customer feedback earlier. This data will help your team improve your business processes. So if you don't have your own BIN sponsor yet, then consider wallester.com/card-payment-platform/bin-sponsorship and I'm sure you'll be happy with the terms of the partnership and it will help you grow your brand.

Direct scheme membership is not among the most effective card schemes in the payments industry. Fortunately, there is a solution, and it's called BIN sponsorship. E-money institutions or other fintech companies have the opportunity to set up and become BIN sponsors for their clients. This sponsorship is an intermediary service that allows a third party (the client company) to use a bank identification number.

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