Hi, I am interested in developing integration with the Visa Direct API. I notice that the endpoints require a field "acquiringBIN" which I believe is something I must first acquire. Does this mean I have to be a registered financial institution to use the Visa Direct API? If not, how do register to get a BIN to use with this API?
Sponsoring banks control the entire BIN Sponsorship process. From what Visa knows, in that process, banks can sometimes require specific documents or other business case requirements in order to sponsor you, it is all up to the bank. We encourage you to connect with a bank to know more about their on-boarding process as each bank does these things differently.
Was your question answered? Don't forget to click on "Accept as Solution" to help other devs find the answer to the same question.