Visa BIN Sponsor for Institutions

Visa BIN sponsor Singapore for institutions requiring complete compliance and operational robustness. Launch fully certified Visa card programs across APAC in weeks.
Launch in Asia

What is a stablecoin-backed card?

A stablecoin-backed card program uses stablecoins as the underlying settlement layer while operating on established card networks. Transactions are converted into the required network currency within the issuing framework, linking digital asset treasury operations with regulated payment rails.

Why card programs stall before they launch

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Obtaining your own Visa BIN in Singapore requires 2–3 years of scheme approvals, compliance buildout, and regulatory engagement — before a single card is issued.
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Generic BIN sponsors cut corners on certifications. Incomplete Apple Pay or Google Pay provisioning and weak AML controls can compromise your regulatory standing with MAS.
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Most BIN sponsors rely on third-party processors and stablecoin intermediaries, adding handling fees and FX spreads that structurally reduce margin on every transaction.

What StraitsX brings to your card program

BIN Sponsorship

APAC Visa BIN Sponsorship in 12 Weeks

StraitsX acts as the Visa BIN sponsor for your card program, handling all scheme licensing, compliance, and card network approvals across APAC. Go live in 12–14 weeks — without obtaining your own Visa license or building compliance from scratch.
12–14 week go-live timeline
No independent Visa license needed
MAS-licensed issuer and sponsor
Infrastructure

Full-Stack Issuer and Processor

StraitsX operates as both card issuer and processor, removing the third-party processor layer most competitors depend on. This delivers tighter system control, faster SLAs, structurally lower cost, and a clear path toward your own BIN ownership.
No third-party processor overhead
Faster SLAs and tighter control
Clear path to BIN ownership
Compliance

Institutional-Grade AML and KYC Controls

Clients inherit StraitsX's MAS-licensed compliance framework — including built-in AML screening, transaction monitoring, KYC onboarding, and card scheme compliance. No need to build a compliance stack before launching your program.
Built-in AML and KYC onboarding
Card scheme compliance included
MAS Major Payment Institution licensed
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Settlement

Zero Handling Fees on Stablecoin Settlement

Because StraitsX is the issuer of XUSD and XSGD — stablecoins issued by StraitsX, licensed as a Major Payment Institution under the Payment Services Act 2019 — there is no third-party conversion overhead. Card programs settle at zero stablecoin handling fees.
Zero stablecoin handling fees
Settle in XUSD, XSGD, or USDC
Issuer-native settlement advantage
Digital Wallets

Complete Apple Pay and Google Pay Certification

StraitsX follows complete in-app provisioning certification for Apple Pay, Google Pay, and Samsung Pay — not shortcuts or workarounds. This compliance-led approach ensures your card program operates under the strictest enforcement standards available in APAC.
Complete certification, not shortcuts
Samsung Pay provisioning included
Wearable tokenization supported

Wallet-ready cards for everyday spend

Cards your users can tap anywhere – StraitsX supports end-to-end card tokenization across major mobile and wearable wallets, allowing programs to deliver instant, wallet-ready cards to their users.

Token Service

We also support tokenization for virtual cards, physical cards, wearable rings and in-app provisioning.

Hear from our clients

Powering the Pionex Card Program with StraitsX Card Issuance Infrastructure

Read customer story

Frequently
Asked
Questions

  • Do I need my own Visa license to launch a card program with StraitsX?

    No. StraitsX acts as the Visa BIN sponsor, which means StraitsX holds the scheme relationship and handles all licensing and compliance on your behalf. Your platform launches under StraitsX's BIN, allowing you to go live in 12–14 weeks rather than the 2–3 years typically required to obtain independent scheme approval. StraitsX also provides a clear migration path for clients who eventually want to own their own BIN.

  • Which APAC markets does StraitsX BIN sponsorship cover?

    StraitsX supports card issuance across 10 APAC markets: Singapore, Hong Kong, Taiwan, Australia, Japan, Korea, Thailand, Philippines, Malaysia, and Vietnam. Cards issued through StraitsX's BIN sponsorship are accepted at Visa merchants globally — meaning your cardholders can spend at over 175 million Visa-accepting merchants worldwide, not just within APAC.

  • How does stablecoin settlement work for card programs?

    Card programs settle in XUSD, XSGD, or USDC. XUSD and XSGD are stablecoins issued by StraitsX, licensed as a Major Payment Institution under the Payment Services Act 2019. Because StraitsX is the issuer, settlement happens at zero stablecoin handling fees — there is no third-party conversion layer adding cost. Card programs also support JIT (Just-In-Time) funding, meaning cards are funded at the point of transaction rather than requiring pre-funding.

  • How does StraitsX approach Apple Pay and Google Pay provisioning?

    StraitsX follows complete certification processes for Apple Pay, Google Pay, and Samsung Pay digital wallet provisioning — not shortcuts or workarounds. This compliance-led approach means card programs issued through StraitsX maintain fully certified in-app provisioning under the stricter enforcement environments that apply across APAC. StraitsX also supports wearable tokenization, including smart rings and watches, for tap-to-pay at any contactless POS terminal.

  • Is StraitsX licensed to operate as a Visa BIN sponsor in Singapore?

    Yes. StraitsX holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. This MAS license, combined with StraitsX's role as both Visa BIN sponsor and stablecoin issuer, makes StraitsX the only APAC-licensed infrastructure that handles card issuance, stablecoin settlement, and compliance under a single regulated platform — a structural position no competitor can replicate without rebuilding their stack.

    • Scale faster with stablecoin infrastructure that works.

    StraitsX is here to help you simplify settlements, reduce costs, and unlock new markets.
    Speak with us