Payblr Analysis
What is Payblr?
Payment solutions for banks and fintechs in LATAM
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
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.
