Category: Payment Solutions

Quick and simple loan disbursement for lenders

Posted on March 25, 2025 by hayley.waypoint - Payment Solutions

DiPocket provides the essential payment services behind many key loan disbursement operations across Europe. Our secure and fully managed card issuing and payment solution gives organisations a simple and cost-effective way to manage loan disbursement and repayment.

Let’s look at the main benefits to lenders of issuing and managing loans through DiPocket’s secure platform, disbursing loans through virtual and physical cards.

Speed

DiPocket’s loan disbursement solution is quick and easy to set up. We take care of the whole payment and technology infrastructure, so that lenders can provide credit through a simple and frictionless system.

We offer turnkey white label cards issuing, meaning that you can set up loans for your customers and make loan disbursements fast. Funds can be available instantly once approved, allowing borrowers to use their cards to make payments quickly.

Accessibility

Virtual and physical cards from DiPocket allow lenders to provide funds to borrowers in multiple countries in their local currency. This makes loans more convenient to administer.

Loans can also be disbursed efficiently even if the borrower has no bank account, making loans accessible to underbanked and unbanked populations.

Flexibility

Our physical or virtual cards can be issued for one-time or multiple uses, and can be loaded with specific amounts, giving lenders more control over how funds are distributed. DiPocket’s platform provides a fully managed solution with detailed reporting, simplifying top-ups and the tracking of loan repayments.

Data insights

A significant advantage of loan disbursement through cards is the ability to gather valuable data insights. DiPocket fully integrates management of your customised cards into a powerful administrative portal. This means lenders can easily monitor and analyse borrowers’ spending patterns through card transactions, providing valuable visibility and control.

Reduced risk

Usage restrictions can be set on cards to prevent overspending and defaults, including limiting purchases to specific merchants or category codes. For example, a customer providing credit lines for agriculture uses DiPocket’s loan disbursement solution to manage loans to Romanian farmers, limited to the purchase of agricultural equipment.

Simple and effective payments for borrowers

As a principal member of both Mastercard and VISA, DiPocket can issue physical and virtual cards accepted by both, giving borrowers the freedom to choose how they want to spend – within any limits set up by the lender. The cards can be integrated with Google Pay™, Apple Pay™ and multiple other wallets, so your borrowers can tap to pay securely with their card from any Android or iOS device.

Brand visibility

DiPocket’s loan disbursement solution provides white label card issuing for lenders. You choose the branding for your loan payment cards, increasing visibility and reinforcing your brand with customers. So, if you streamline your financial solutions to make loan disbursement and repayment simpler and safer, branded payment cards will reassure customers that they are in safe hands.

Integration

We offer APIs for seamless integration with your existing lending platforms, streamlining the process. You benefit from an administrative portal for your team, whilst your borrower also gets access to a bespoke branded interface to keep track of payments and borrowing 24/7.

Trusted loan disbursement solutions from DiPocket

By using cards for loan disbursement, lenders can offer a more efficient, accessible, and controlled lending experience for both them and their borrowers. DiPocket offers a quick and seamless solution to lenders, with fast-issue branded cards under their full control, supported by a powerful portal to track, monitor and control usage. Borrowers gain clear visibility of their loan, and have the freedom to spend within agreed limits. It’s a win-win loan disbursement solution.

Boost your payment solutions with turnkey BIN sponsorship

Posted on January 18, 2025 by Kim Lampard - Payment Solutions

DiPocket specialises in offering Payments as a Service solutions to a wide range of sectors. Our turnkey BIN sponsorship delivers a ready-made outsourcing solution for financial institutions, boosting their offer with branded payment cards and virtual IBAN numbers.

What is BIN sponsorship?

BIN sponsorship is a partnership between a financial institution and a non-banking entity (usually a fintech company). It enables the company to issue payment cards and process transactions without becoming a direct member of a card scheme like Visa or Mastercard.

How BIN sponsorship works

DiPocket has invested heavily to become licensed to issue payment cards. We have a unique BIN (Bank Identification Number: the first 6 digits of a payment card number) which identifies DiPocket as the card issuer.

BIN sponsorship allows us to sponsor financial institutions to gain access to the essential infrastructure provided through this BIN. We handle all the payment processing, regulatory compliance and adherence to card scheme rules. DiPocket’s BIN sponsorship service allows you to:

Issue branded payment cards tailored to your business.
Hold IBAN numbers for local and international money transfers
Process transactions seamlessly across networks like Visa and Mastercard.
Operate within full regulatory compliance, while we handle the complexities.

Why choose BIN sponsorship with DiPocket?

Faster market entry

A primary benefit of BIN sponsorship is accelerating the time-to-market for businesses looking to launch card products or payment solutions. You don’t need to wait for the complex process of obtaining a BIN to work with Mastercard or Visa. DiPocket is approved as a main member, so we can sponsor you as an Associate Member. You can then immediately issue virtual or physical payment cards with the possibility of tokenization.

Cost efficiency

Setting up your own payment ecosystem requires significant investment. BIN sponsorship offers significant cost savings by reducing the expenses associated with joining a card scheme directly and eliminating the need to invest in complex payment systems and infrastructure.

Regulatory expertise

Payments is a highly regulated sector. We invest heavily in the licencing and operational capabilities typically handled by banks to provide our customers with simple, safe and effective card issuing and funds disbursement solutions. Our payment solutions come with integrated transaction fraud monitoring and AML control, meeting all necessary legal and security standards.

International payments

BIN sponsorship through DiPocket allows you to provide Agency banking solutions and issue IBANs. Make and receive local and international payments via Automated Clearing House (ACH) as well as card-to-account and account-to-card, using DiPocket’s payment APIs. With Moneysend and VISA Direct coming soon, you can offer your customers a full range of options.

Customisation

With DiPocket, you can offer tailored virtual and physical cards that align with your brand identity and customer needs. Branded cards improve customer loyalty and help you stand out in a competitive market.

Streamlining operations

BIN sponsorship streamlines payment operations for businesses. DiPocket’s BIN sponsorship reduces the need for multiple integrations, improves transaction processing speed and accuracy and offers a more robust and reliable payment infrastructure. As your business grows, so can your payment services. Whether you’re targeting new markets or expanding your product range, DiPocket’s payment solutions provide versatile and scalable support.

Payments as a Service

DiPocket isn’t just a BIN sponsor—we’re your strategic partner in the payments landscape. With years of experience and a proven track record, we provide:

Comprehensive support throughout your card program lifecycle.
Secure and compliant solutions backed by cutting-edge technology.
Global reach to help you scale effortlessly across borders.

DiPocket’s Payments as a Service solutions offer API integration that allows you to manage and distribute payment cards efficiently, saving time and resources. Our secure platform delivers insights and detailed analytics, allow you to track and adjust your strategy based on actionable data.

Contact us today to discover how DiPocket’s BIN sponsorship and payments solutions services can take your business to the next level.

Transform your employee benefits payments

Posted on October 31, 2024 by adam - Payment Solutions

Fast, flexible, customisable payment solutions from DiPocket

Choosing an effective employee benefits payments provider not only cuts management time and costs, but can help organisations attract and retain top talent in today’s competitive labour market. DiPocket’s solution transforms your employee benefits payments into a fast, flexible and streamlined system, using prepaid Mastercard or Visa cards to deliver customised benefit payments to employees in their local currency.

Whether it’s bonuses, lunch vouchers, or healthcare benefits, our platform offers a seamless way to distribute payments while cutting administrative overheads. With real-time reporting and full integration into your HR and payroll systems, DiPocket takes the complexity out of managing employee benefits. Plus, with branded cards tailored to your business and your team, you also improve employee engagement and satisfaction.

DiPocket’s employee benefit payments card

DiPocket offers a simple and cost-effective way to make payments. As a Payment as a Service (PaaS) provider, we partner with you to provide pre-paid cards in your own branding. Rewards delivered on a branded card can create a sense of belonging and recognition, boosting employee loyalty and goodwill.

These physical or virtual cards can be distributed to recipients across many locations, in multiple countries and in local currency. A an employer, this gives you a simple way to disburse a range of different employee benefits to your team, wherever they are based.

Streamline different types of employee benefit

Employers increasingly disburse payments for a wide range of employee benefits. Managing payments on multiple platforms can be a time-consuming and complex task.

DiPocket offers a fully integrated solution that can be used as a stand-alone platform or seamlessly integrated with your existing HR and payroll systems. The platform simplifies the administration of employee benefits by automating processes and providing a one-stop solution for different disbursements. You choose where and how the payment can be used: restricting payments to particular shops, services or category codes, and even specifying the currency and country of use. This means that DiPocket’s payment cards can be used for a wide range of employee benefit payments, including:

Annual bonus: issue virtual or plastic cards with the fixed bonus payment uploaded to the card. The funds can be spent online or in physical stores, or withdrawn from an ATM – however your employee prefers to use the bonus.
Lunch vouchers: employers issue a reloadable card which they can top up weekly or monthly. The physical or virtual card could restrict spending to a type of business such as restaurants and cafes, or to a single on-site provider. This card would not give access to a cash alternative or ATM.
Healthcare spend: your reloadable card can give employees access to specified health facilities such as gym memberships or dental care, without the option to use as cash.

Simplified benefits administration

From enrolling employees to disbursing payments, DiPocket’s system makes managing employee benefits straightforward and scalable, no matter what size your business. Benefits to employers include:

Complete visibility and control
DiPocket’s platform provides businesses with real-time reporting, giving you visibility and insights into employee engagement with your benefits programme. Detailed analytics allow you to track spending, monitor benefit usage and adjust your strategy based on actionable data.
Secure and trusted payment solutions
Our trusted and secure platform adheres to financial regulations, ensuring that your business—and your employees—are protected from fraud and other security risks. You can make one-off payments and even automate top-ups.
Boost employee loyalty with branded cards
DiPocket’s white label cards offer a unique opportunity to strengthen the relationship between your organisation and your employees. Branded with your company’s logo, these employee benefit payment cards serve as a constant reminder of your investment in their well-being.

Why employees love DiPocket’s benefit payment solutions

Employees welcome a streamlined employee benefits payments solution because it delivers simpler, faster benefit payments:

Benefit cards accepted anywhere that accepts Visa or Mastercard. Users have complete freedom to spend as they wish, limited only by your bespoke restrictions.
Contactless payments. Virtual payments cards can be added to Google Wallet and Apple Pay for quick and easy use.
Real-time payments. Real-time disbursement of benefits and bonuses allows companies to immediately reward employees for exceptional work, without waiting for the next payroll.
Tax-efficient bonus. Bonuses up to €2,000 paid onto a card rather than into a bank account are tax exempt in certain jurisdictions.
Multi-currency payments enable international organisations to deliver benefits in an employee’s local currency, free from the friction and costs associated with currency conversion.
Simple web interface allows employees to see how they have used their card, track payments and top-ups – and even check the carbon footprint of their spend!

Conclusion: DiPocket employee benefit payment solutions for the future

DiPocket’s innovative platform offers a way to simplify the management of employee benefit payments, whilst enhancing the value and impact of employee rewards.

With features like real-time payments, multi-currency support and personalised benefits, DiPocket is transforming the way companies manage employee rewards.

If you are ready to transform your employee benefits system please do get in touch!

FAQs

How can DiPocket’s employee benefit payment solutions improve employee satisfaction? DiPocket offers personalised, flexible and immediate reward options, which increase employee engagement and satisfaction. By allowing employees to access their benefits easily and choose how to use them, the solution ensures that employees feel valued and appreciated.

Are DiPocket’s employee benefit payment solutions tax-efficient?

Yes, DiPocket provides tax-efficient payment structures that help reduce the tax burden on employees in some jurisdictions, allowing them to retain a larger portion of their bonuses and rewards.

Can DiPocket’s employee benefit payment solutions be used for global teams?

Absolutely. DiPocket supports multi-currency payments, enabling businesses to disburse benefits to employees in different regions in their local currencies without incurring conversion fees or delays.

What customisation options does DiPocket offer for employee benefits?

DiPocket allows businesses to tailor rewards based on individual preferences, performance milestones, or specific business goals, ensuring that benefits are meaningful and relevant to each employee.

How secure are DiPocket’s employee benefit payment solutions?

DiPocket offers secure transaction processing through bespoke branded virtual and physical cards. The platform adheres to strict financial regulations to protect both businesses and employees from fraud.

How does real-time payment enhance employee motivation?

Real-time payments provide immediate recognition for exceptional work, boosting motivation by creating a direct link between performance and reward. Employees who receive timely bonuses feel valued and are more likely to remain engaged with their work.

Leading-edge corporate payment solutions

Posted on March 10, 2024 by Atelier - Payment Solutions

Corporate payment solutions from Dipocket

Your out-of-the-box solution for funds disbursement and payment cards.

Disrupted by digital services, the global financial services landscape is rapidly being reshaped. Traditional banking is giving way to more flexible payment solutions that give organisations greater control over their funds, and deliver an enhanced customer experience.

What organisations can benefit from these changes?

Organisations from large corporations to SMEs, charities and even banks can now buy Banking as a Service (BaaS), leaving the complex financial and compliance obligations to the provider.

DiPocket provides a fully managed platform giving you control of payments, supported by our comprehensive security, technical and financial checks. DiPocket’s funds disbursement solution includes the provision of customisable payment cards, and is supported by Visa, Mastercard, Google Wallet and Apple Pay.

Is DiPocket a bank?

No, DiPocket Group is a European BaaS provider, complementary to and independent from banks. We are licensed to operate in Europe (through Lietuvos Bankas in Lithuania) and are regulated in the UK by the Financial Conduct Authority (FCA). DiPocket is a principal member of both Mastercard and VISA, is a SEPA participant and SWIFT member.

We invest heavily in the licencing and operational capabilities typically handled by banks to provide our customers with simple, safe and effective card issuing and funds disbursement solutions.

How does Banking as a Service work?

Whenever you need to move money, this is achieved quickly and effectively through your BaaS system. At DiPocket, we take care of the whole payment and technology infrastructure, so that your customers make or receive payments through a simple and frictionless system. Payments can be made in near-real time, to different countries, and can be added to a customised payment card even if the recipient has no bank account.

Why might you want a bespoke payment solution?

Disbursing funds can be complex and time consuming. By using a BaaS provider, you can quickly make tailored payments for purposes including:

Disbursement of funds – including payroll, grants, and financial support
Disbursement and repayment of loans
BIN sponsorship
Employee benefits
Gift cards
Cashless events

What applications are there for BaaS?

Customers use bespoke payment solutions for a wide range of purposes, including:

Funds disbursement

A simple and cost-effective way to issue funds for payroll, expense management, gift incentives and more. We supply virtual or physical cards with your own branding, which can be set up to your requirements: for example, limited to specific services, shops or classes of goods.

Loan disbursement

A personalised card issuing and virtual payment solution for lenders to streamline disbursements. You manage loan disbursement and repayment, with full control and usage restrictions to prevent over-spending and defaults.

Employee benefits

Enrich your employee offering through branded physical or virtual cards for gym entry, restaurants, shopping and more. DiPocket offers a streamlined and cost-effective mechanism to reward staff and pay bonuses in a tax-efficient manner.

Customised debit cards

Offer your own branded payment card with Visa, Mastercard, Google Wallet and Apple Pay payment options, fully set up and supported by your BaaS provider.

Our payment card solution gives you complete customisation of your funds disbursement to suit your requirements. You can:

Specify the currency and country of use
Limit payments to particular shops, services or category codes
Give real-time access to funds
Raise brand awareness and engagement

All this is delivered quickly and cost-effectively through our turnkey card issuing & funds disbursement solution.

Simplified financial management

‘Banking as a Service’ solutions help you by removing the burden of day-to-day management of funds disbursements. You benefit from:

A powerful portal which streamlines all disbursements
Detailed reporting
Complete visibility in real time
The ability to automatically top up cards
A fully managed solution without integration
APIs for integration with your existing platform

Leading-edge corporate payment solutions from DiPocket

Our team of over 100 people is trusted by organisations across Europe and the UK to deliver state-of-the-art withdrawal and payment solutions that make your life easier.

If you would like to find out more about our white-label funds disbursement solutions, please get in touch.