Get Mastercard BIN Sponsorship for USD-backed BINs — without a bank charter.
We provide the regulatory framework, network membership, and BIN allocation so you can focus on building your product.
A Bank Identification Number (BIN) is the foundation of every card program — the first 6-8 digits identifying the issuing institution. Obtaining a BIN directly from Mastercard requires a bank charter, network membership, and significant regulatory compliance — a process that can take years. PayCaddy's BIN Sponsorship eliminates this barrier. We provide access to Mastercard BINs backed by USD, allowing fintechs and non-bank entities to launch card programs under our regulatory umbrella.
Access BINs denominated in USD, enabling cross-border transactions and stable-value card programs across Latin America and beyond.
Skip the multi-year process of becoming a principal network member. Leverage our existing Mastercard membership to go to market faster.
Benefit from our established compliance framework including AML, KYC, and transaction monitoring — maintained to Mastercard standards.
Our team supports you throughout BIN setup, program configuration, and ongoing management and optimization.
Define card type, funding model, transaction limits, and geographic reach with our team.
We allocate a Mastercard BIN from our sponsored range, configured to your program specifications.
Connect to our card issuing API to manage cardholder onboarding, card provisioning, and transaction processing.
Go live with your branded card program. Our team provides ongoing support, compliance monitoring, and optimization.
Choose the issuance model that fits your scale, speed, and control requirements.
| Criteria | Fintech ExpressShared BIN, under our ICA | Dedicated BIN SubrangeExclusive to client, under our ICA | Dedicated ICA with BINsExclusive ICA for client, under our license |
|---|---|---|---|
| Membership Model | Client is not a member; operates sponsored under our shared BIN(s). | Sponsored; the subrange is exclusive to the client — number of PANs depends on client's choice. | Sponsored with exclusive ICA; Affiliated Member option under PayCaddy's Principal License. |
| BIN / ICA Ownership | BIN: ours (shared) / ICA: ours | BIN: ours (exclusive subrange) / ICA: ours | BIN: ours (assigned to exclusive ICA) / ICA: ours (exclusive for client, can later migrate to client's Principal License) |
| Interchange | Shared between client and PayCaddy. | Shared between client and PayCaddy. | Client keeps 100% of interchange. |
| Mastercard Fees | Covered by PayCaddy, except transactional and chargeback presentation fees. | Covered by PayCaddy, except transactional and chargeback presentation fees. | Client covers 100% of fees billed to the exclusive ICA. |
| Certification Complexity | Low (leverages our certifications) | Low (leverages our certifications) | High (configurations and tests per exclusive ICA and BINs) |
| Time to Market | High (~45 days) | Medium (~90 days) | Low (~6–12 months) |
| Settlement | Through our flow / accounts | Through our flow / accounts | Via SAO agreement or PayCaddy account |
| Risk / Chargebacks | Our framework and controls; client under agreed policies. PayCaddy handles presentation and follow-up with Mastercard. | Our framework and controls; client under agreed policies. PayCaddy handles presentation and follow-up with Mastercard. | Client assumes at exclusive ICA level (under our sponsored policies and SLAs). Client has access to Mastercard Connect and MasterCom for chargeback handling. |
| Costs (CAPEX/OPEX) | Low | Medium (BIN subrange setup is more costly than Fintech Express) | High (setup and operation per exclusive ICA) |
| QMR Reporting | Handled by PayCaddy at no cost | Handled by PayCaddy at no cost | Handled by PayCaddy with cost |
| Best For | MVP / pilots / speed | Mid-scale with greater control | High scale / strong operational segregation |
| Key Pros | Speed, lower cost and operational burden | Control–cost balance without opening an ICA | Maximum operational segregation without needing a Principal License |
Let us help you secure the right BIN for your card issuing project.