Innovation in Digital Payment Methods: Technology as a Driver of Competitiveness
In an increasingly digital business world, companies that don’t adapt to new technological trends are falling behind. Among these new technological trends are digital payment methods, which saw an exponential growth of 35% in 2024 according to the “Innovametro” by the Financial Superintendency of Colombia.
What is BIN Sponsorship and How Does It Benefit You When Applying for a Card?
Have you noticed that the first digits on your credit or debit cards are repeated on different cards? In the payments industry, the BIN (Bank Identification Number) or IIN (Issuer Identification Number) is key to identifying the card issuer and securely connecting transactions. This identifier, composed of the first digits of a card, is essential for financial institutions to issue payment methods tailored to market needs.
