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.
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)