Unlocking payment revenue for EU fintechs: Acquiring BIN sponsorship – owning your payments

BIN sponsorship tears down that barrier. By operating under a licensed acquirer’s BIN and regulatory umbrella, PayFacs and other fintechs can act as acquirers without the bureaucratic nightmare. Existing acquirers outside of the UK and European market have the opportunity to enter the market without the significant time, cost and complexity that comes with getting scheme and regulatory licenses. The sponsor handles compliance and scheme membership while the partner controls onboarding, pricing, processing, ...