Processing services and BIN sponsorship services are being provided by Valitor, the Iceland-based multi-brand payment card acquirer, to help run prepaid programs for European entities.
BIN sponsorship services with Valitor include access to the VISA payment network, associated clearing and settlements services, holding client funds on client money accounts in trusted banks, and regulatory compliance.
The main advantage of offering both of these services in one place is that it simplifies the whole pathway from the early development of a new program until the program is fully up-and-running.
Valitor runs its own processing platform, which is fully integrated to VISA systems and is a developed version of its in-house technology platform that has been operating for more than 20 years.
Furthermore, Valitor holds a Credit Institution license which can be passported into every EU and EEA country.
With over 30 years’ experience, Valitor has accumulated a wide range of knowledge of issuing cards. The company focuses on speed and flexibility towards customers, and aims to meet the demands of each party involved in the card issuing process.
For more information about Valitor’s processing services, visit www.valitor.com.