Payblr Analysis
What is Payblr?
Payblr provides payment solutions for banks, credit unions, and fintechs in Latin America and the Caribbean. They offer services such as Associate Membership and BIN Sponsorship to facilitate the issuance of prepaid, debit, and credit cards. With over 40 years of experience, they partner with Visa and Mastercard to support financial institutions in expanding their product offerings.
Location
San Juan, Puerto Rico 00927, PR
Employees
11-50
Founded
1981
Product Features & Capabilities
- Associate Membership to Visa and Mastercard
- BIN Sponsorship for prepaid card issuance
- Payment processing solutions
- Compliance and security services
Use Cases
Enable banks to issue prepaid cards in local currencies; Support fintechs in launching payment products; Assist credit unions in expanding their service offerings; Provide BIN Sponsorship for non-regulated entities; Facilitate payment processing for clients across LATAM
White-Labeling Services
Payblr offers white-labeling services primarily through its BIN Sponsorship program, which allows third parties, including banks, credit unions, and fintechs, to issue prepaid Visa cards. This service enables these entities to create customized card designs that align with their brand identity while ensuring compliance with regulatory standards. Payblr's BIN Sponsorship includes not only the assignment of a Bank Identification Number (BIN) but also comprehensive support in compliance management and regulatory oversight. The cards can be issued in USD to residents of Latin America and the Caribbean without the need for a financial or network license, making it accessible for non-regulated entities as well.
Other Considerations
Over $1 billion in payments settled annually; Compliance with SSAE18 SOC2 for security; Trusted partner of Visa and Mastercard for over 40 years
Whitelabeling Services
Payblr offers white-labeling services primarily through its BIN Sponsorship program, which allows third parties, including banks, credit unions, and fintechs, to issue prepaid Visa cards. This service enables these entities to create customized card designs that align with their brand identity while ensuring compliance with regulatory standards. Payblr's BIN Sponsorship includes not only the assignment of a Bank Identification Number (BIN) but also comprehensive support in compliance management and regulatory oversight. The cards can be issued in USD to residents of Latin America and the Caribbean without the need for a financial or network license, making it accessible for non-regulated entities as well.
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