NymCard

Delivering the best mobile payments experience for millions of people

NymCard is a MENA based BaaS provider of embedded finance. It offers a cloud-based or on soil modern payment issuing and processing platform allowing Fintechs, large enterprises, and banks with legacy platforms in the MENA region to instantly create, control, and distribute virtual or physical payment cards.

NymCard works in a flexible and locally relevant approach in each country by partnering with local financial institutions and providing operational support for running the service locally while leveraging a common product for agility and economies of scale.

PARTNER DETAILS

Visa Ready

nCore

nCore, NymCard’s open API solution allows you to instantly issue cards and process card payments. The platform supports multiple emerging use cases, including real-time payments, alternative authorization flows, multi-currency wallets, buy now pay later offerings, parent-child models, among others.

Open Developer friendly APIs available on a LIVE Sandbox environment enables virtually simulating product configurations prior to go-live.

In Addition, PCI widgets are also available that supports the customers to be compliant without having to go through the certification.

Solution Information

Category Issuer Processor
Visa Credential and Card Support Prepaid, Debit, Credit, Consumer
In-Region Support Yes
PCI Compliance Yes

Testing and Environment Information

Solution Deployment
Cloud, On-Prem
Tenancy Architecture
Multi-product / Multi-client / Multi-BIN
Comprehensive APIs
Yes
Sandbox Testing Environment
Full testing and simulation environment for all APIs and test cases
Uptime Availability in Region(s) 99.96%

Solution Support

Visa Token Service (VTS) Support Yes
Visa Direct Support
Yes
Visa QR Payments ("Scan to Pay" Support)
No
Customizable Authorization Decisioning
Yes
Reporting
Custom, API-based
Authorization Flow
Fully Managed, Partially Managed
Incremental Authorization
Yes

Additional Solution Information

Instant Funding / $0-Balance Transactions
Yes
Proprietary or Visa Access Control Server (ACS)
Yes
Risk-based Authentication (3DS 2.0)
Yes
Real-time Risk Scoring
Yes
Custom Fraud Rules
Yes
BIN Sponsor Connections
Yes
Program Management / End-to-End
Yes
Full-service Credit Program Management
No
Multi-currency Partitioning
Yes
Visa Value-added Services Integration
No
Other Value-added Services Integrations
eKYC Providers, Payment Gateways

Program

Visa Ready

Capability

Issuer Processor


nCore BNPL

Nymcard supports BNPL players and use cases through 150+ APIs and an open Sandbox environment that allows potential clients to explore and build their card proposition at-ease.

Program

Visa Ready

Capability

Buy Now Pay Later (BNPL)