How to Launch a Global Card Issuing Project with Verestro: Steps for Non-EEA Regions
- Krzysztof Drzyzga
- Apr 1
- 2 min read
The world is your marketplace, and Verestro is your gateway to global card issuance. If you're looking to issue payment cards outside the European Economic Area (EEA) and succeed in markets such as Latin America, Asia, Africa, or beyond, this guide outlines the key steps to launching a successful card issuing project with Verestro.
Table of Contents:
Why Verestro for Your Global Card Issuing Ambitions?
At Verestro, we're building a truly global fintech platform. Our vision is to simplify and streamline payment and financial services worldwide, offering a multifunctional, multi-BIN sponsor, multi-processor, multi-acquiring, and multi-bank solution. We're already a major player, managing over 5 million cards and tokens, processing over $2 billion in annual transactions, and operating across five continents.
We understand the intricacies of navigating diverse regulatory landscapes and market conditions in Europe and outside the EEA. Our platform is designed for flexibility and scalability, empowering you to launch and manage card programs efficiently, regardless of location.
Your Path to Card Issuance with Verestro
Initial Consultation:
The journey begins with a conversation. We'll discuss your specific plans, target markets, and business objectives to understand your vision.
Sandbox Integration:
Dive into development immediately. Our Developer Zone provides comprehensive technical documentation and APIs, allowing you to begin integration within our sandbox environment.
Contractual Agreement:
We'll establish a clear and transparent contractual agreement, outlining the services and support we'll provide.
BIN Sponsor Acquisition:
We'll leverage our extensive network to identify and secure suitable BIN sponsors relevant to your target markets. If we don't already have established partnerships in your region, we'll work diligently to establish them.
Launch and Operation:
Once your technical integration is complete and the BIN sponsor is secured, you'll be ready to issue cards, enable payouts, and offer a range of payment services.
Ongoing Support:
We'll handle all operational and settlement aspects, allowing you to focus on your go-to-market strategy, frontend development, marketing, and pricing.
The Verestro Advantage: Flexibility and Scalability
One of the key benefits of partnering with Verestro is the flexibility our platform offers. You're not tied to a single BIN sponsor; you can work with multiple partners to optimize your operations. Moreover, as your program grows, you can seamlessly migrate to your own BINs once you become a direct Principal Member of Mastercard or VISA.
Expanding Your Fintech Horizons
Verestro is committed to empowering businesses to expand their fintech horizons. With our robust platform and global expertise, we can help you navigate the complexities of card issuance in Latin America and other non-EEA regions.
Ready to Get Started a Card Issuing Project?
Contact us today to explore how Verestro can help you launch your card issuing project and unlock new opportunities in the global fintech market.
