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What is a BIN Consumer v Commercial BIN the Difference

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Loading Identifier<br />

Government Prepaid Card Programmes<br />

• Funds are deposited by a government entity. The funds once deposited may belong to <strong>the</strong><br />

government, a consumer or a designated third party.<br />

• Where a program allows consumers to deposit <strong>the</strong>n it becomes a <strong>Consumer</strong> Programme<br />

• Funds maybe owned by <strong>the</strong> Government (Expenses/Purchasing/Emergency Funds) or by<br />

<strong>Consumer</strong>s<br />

<strong>Consumer</strong> Prepaid Card Program<br />

• Th<strong>is</strong> identifies any type of program which enables <strong>Consumer</strong> Deposits.<br />

• Funds are owned by consumers.<br />

10<br />

Polymath Consulting

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