Finextra – 7/8/13: Allied Wallet, a global leader in online credit card processing, multi-currency merchant services, state-of-the-art payment processing, digital eWallet solutions, software development, and a PCI Level 1 payment gateway, has recently been deemed a Principal Member of MasterCard. Effective as of June 13, 2013, Allied Wallet is an official member of MasterCard as an acquirer. Allied Wallet has been given its own MasterCard BIN, Bank Identification Number. With this BIN, Allied Wallet will be able to assign MIDs, Merchant Identification Numbers, to merchants at even lower discount rates.
Click here to read more: http://www.finextra.com/News/Announcement.aspx?pressreleaseid=50639&topic=retail

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Source: Paymentspulse