At Moorwand every client receives a personal, custom-made experience. We address your individual goals by intimately understanding your market, audience, business model, unique context and challenges, offerring each of our clients a straightforward and transparent service, underpinned by flexibility and clear communication.
Accessing scheme membership directly can be a complex and resource-intensive endeavour, requiring extensive documentation, certifications and fees, as well as ongoing additional compliance and reporting. As a principal scheme member, we take care of everything that scheme access entails, providing you with the space to focus on delivering your payment solution.
Frequently Asked Questions
Does Moorwand offer a one-stop-shop package solution for card issuing?
We don't offer a service package that includes all aspects of the value chain involved in card issuing. Moorwand is focused at this time on BIN sponsorship to provide access to well-known card schemes.
Is Moorwand FCA licensed?
Moorwand has a UK Electronic Money Institution licence to operate in the UK and is regulated by the Financial Conduct Authority. It also has permissions from FINMA to operate in Switzerland and an Agency relationship with an EU based Electronic Money Institution to operate Programmes across the EU.
What role does BIN sponsorship play in issuing cards?
BIN sponsorship reduces issuance costs and collateral requirements for the launching of prepaid card programmes by providing direct access to Mastercard.
How much does this service costs?
Because every client's context, needs and goals are different and, therefore, requires a bespoke approach, we are unable to provide costs before understanding those details. Please do get in touch with us for a friendly chat.
How does Moorwand's issuing solution work with other issuing partners needed?
We take a partnership approach to how we work with clients. We recognise that we are only one of the players that you need to work with to bring your product to market, so we ensure collaboration when launching your new product. We are well known within the industry and have great relationships with all the main processors, KYC providers, card bureaus and additional providers you may need to work with.
Head over to our guide to find out more about some of the key partners you may need to work with.