A BIN (Bank Identification Number) is a 6 digit number used by Visa and Mastercard to identify the acquiring bank responsible for the transaction. A licensed Acquirer can set up multiple BINs including a dedicated one for a PSP or a Merchant to use.
Dedicate a BIN* from one of your current acquirers, your own acquiring licence or from Silverflow’s acquirer partner network.
Connect to Silverflow’s API to onboard merchants and start submitting charges to the card networks.
Silverflow will provide detailed settlement information, including transaction level fees and exchange rate details.
Settlement itself is not handled by Silverflow, but remains in the trusted hands of your banks.
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