Associate Membership
What is an Associate Membership?
Ideal for banks, credit unions, and regulated fintechs, an Associate Membership sponsored by Payblr enables a direct link to payment networks without the financial burden of a principal member license. Dive into acquiring or issuing businesses economically, leveraging Payblr’s substantial economies of scale, and transform your financial services effortlessly.
What companies benefit from an Associate Membership?
Institutions that lack resources with payment-related experience or the scale to justify becoming principal members. Clients need to be officially recognized financial entities. This means having a valid financial institution license.
Full Ownership of Licensing Program
Different from a BIN Sponsorship structure, with an Associate Membership, institutions have a direct relationship with the payment network and full ownership of their licensing program, with the sponsorship of Payblr as a principal member. With Payblr's guidance, our associates choose the following for their issuance programs:
Product segment:
consumer or commercial.
Product type:
debit, credit, or prepaid.
Product tier:
classic, gold, platinum, or higher.
Leverage Scale, Minimize Costs with Payblr
Unlock cost-effective card issuance and electronic transactions with Payblr as your partner. Enjoy benefits like low minimum fee thresholds and save on back-office staffing, courtesy of our market aggregation and strategic expertise. With Payblr, optimize your services and prevent costly errors efficiently and economically.
Expertise and Operational Support
Secure your business success with Payblr's best practices in business modeling, product configuration, and risk mitigation.
We support essential operational processes including settlement, reporting, risk management and compliance.
Dedicated support and tailored guidance. Our team partners with you, providing customized advice from program launch and throughout its lifecycle.
Expand in LATAM Effortlessly with Payblr’s Sponsorship
As the only principal member approved to offer Associate Memberships across all LATAM countries and the US, Payblr stands distinct in its reach and capability. Especially beneficial for entities eyeing multi-country operations within LATAM, Payblr becomes your single sponsorship ally, ensuring convenience, compliance, and a fortified presence in a vibrant economic region. Our sponsorship extends to institutions in every LATAM nation, barring Cuba, Venezuela, and Nicaragua.
A strong Compliance Culture
Associates are required to comply with all network rules and financial crimes regulations. This includes areas like Anti-Money Laundering (AML) protocols, Know Your Customer (KYC) processes, and other financial crime controls. At Payblr, we work alongside our sponsored institutions, ensuring they uphold rigorous stringent financial crime control measures. Our commitment guarantees end-user onboarding and screening meet critical standards, that robust policies and procedures are in place, and that automated systems are used by associate members to detect and report suspicious activities.
