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TransactPay
The partnership that pays
TransactPay is a leading provider of payment solutions for businesses in the UK and European markets. The company offers a comprehensive suite of services, including BIN sponsorship, e-money licensing, and virtual account management, all delivered with a strong commitment to regulatory compliance and security. TransactPay is a trusted partner for established financial institutions and emerging fintech companies alike, enabling them to launch innovative payment products and services with speed and efficiency.
PARTNER DETAILS
Visa Ready
BIN Sponsorship
Bank Identification Number (BIN) Sponsorship is a single compliant connection between an organisation and VISA, enabling transactions to be processed and cardholder funds settled using the BIN for identification. BINs are only available to members of the major card schemes.
As a Principal Member of Visa, we sponsor BINs for our customers. This sponsorship enables them to issue cards to their end customers.
As a partner with TransactPay, our customers also gain access to our team of in-house experts in scheme rules.
Our BIN Sponsorship solution enables our customers to perform many of the operations of a financial institution themselves, without carrying the regulatory burden.
In addition, our solution is processor agnostic, enabling our customers to choose the right third-party processor for their business.
Program
Visa Ready
Capability
BIN Sponsors