Switch provides banks and financial institutions with licensing and onboarding services to global payment networks such as Visa and Mastercard, either as a Principal Member or an Associate Member.
This service helps banks accelerate the process of joining the global payments ecosystem, enabling them to issue payment cards and operate electronic payment services in accordance with international standards. Switch also provides the necessary technical and advisory support throughout the different licensing stages to ensure compliance with the regulatory and technical requirements of global payment networks. Through this service, banks can further develop their financial products and expand their digital services, strengthening their ability to compete in the electronic payments sector.