Card issuing made simple
What makes a good card issuer?
To facilitate card issuance for third parties, two prerequisites are crucial: being an EMI (Electronic Money Institution) and having membership with card schemes like Visa and MasterCard. Mynt fulfills both requirements as it holds EMI status and serves as a close partner with Visa. This enables you, as a partner with Mynt, to select the most fitting solution for your specific market.
Why choose Mynt as Card issuer?
Mynt boasts a longstanding track record of providing corporate cards to some of the largest ERPs in the Nordics, including Fortnox and Accountor. Beyond card issuance, Mynt specializes in software solutions for corporate expense and spend management.
A complete solution
Independent EMI License
Software to expand your offering
Regulatory Expertise
Low Financial Barriers
Branded cards
Compliant
Secure
Modular
Powerful spend management software
Frequent questions about BIN sponsorship
What is card issuing
Card issuing is the process of producing and distributing payment cards, such as credit, debit, or prepaid cards, to individuals or businesses. This typically involves tasks like card design, production, activation, and managing cardholder accounts.
How does card issuing work
Card issuing involves multiple steps, including the application and approval process, card design, personalization, and physical card production. Once issued, the card must be activated by the cardholder before it can be used. The issuer (Mynt Technologies) manages the cardholder's account, processing transactions, ensuring security, and implementation of benefits such as rewards or insurance based on the card type.
What’s the difference between card issuers and card schemes?
Card issuers are entities that create and manage payment card accounts for individuals and businesses, issuing credit, debit, or prepaid cards. In contrast, card schemes, like Visa or Mastercard, serve as the infrastructure and standards governing payment card transactions, ensuring interoperability and setting fee structures for these transactions. Card issuers issue cards, while card schemes enable the global network that processes card transactions.
Who can issue credit cards?
Credit cards can be issued by financial institutions such as banks, credit unions, and some fintech companies, subject to regulatory approvals.
Make the card your own
We have confidence in your understanding of your customers, and we empower you to seamlessly integrate and customize our services to your liking. Create your branded card and incorporate the benefits that matter most, whether it's airport lounge access, fuel discounts, insurance coverage, or exclusive discounts at your preferred merchants.
Customizable software
Utilize dynamic controls and user-friendly APIs, you can programmatically fine-tune all aspects of your card services. This includes the ability to oversee expenditures through analytics and combat fraud by establishing spending-limits, making real-time authorization decisions, travel insurance and much more.
Get in touch
Mynt AB is an authorized Electronic Money Institution, under supervision by the Swedish Financial Supervisory Authority with institute number 82814. The Visa Platinum card is issued by Mynt AB under a license from Visa Europe Limited.