BIN, known as the Bank Identification Number as per its name, implies an identity association of clients with issuers. This geographical, financial relationship reveals some critical informations for combating frauds in commercial uses, while not less refreshing for educational purposes.
This well designed application was made to help users quickly find the details about credit card and debit cards based on its BIN, or sometimes called IIN. BIN stands for Bank Identification Number while IIN for Issuer Identification Number.The introduction of BIN List checker software is a game changing to the commerce world. With our responsive app, physical stores and online shops, who have been accepting card payment of all types : credit, debit, charge, prepaid, etc;are able to access very important data about payment cards from consumers. Our up-to-date BIN List database can effectively returns the card type, scheme, network, country, and some to all issuer bank information related to a BIN search.The user then can match the BIN lookup data on our site with the consumer's presented details to proceed with cautions.
With quite a few online BIN checker software that not providing good accuracy about the card billing data, users often beat themselves up wondering if this or that BIN lookup any good ?The accuracy of a BIN lookup is very important for the effective prevention of fraud. While selecting an online checker, always keep in mind of the accuracy of information.Our BIN List has shown over 99% accuracy rate. And that is what really helps a business thrive while avoiding unnecessary future heachaches from bad consumers.
There is a general concern which is hovering in the minds of departmental authorities about the length of the card. While the speculation is rife about the following two scenarios:
For now we still stick with 6 digit prefix of a card for all lookups
The IIN /BIN List is great step taken towards creating a mechanism where payment transactions can be better safeguarded for sellers' peace of mind. This both technological and financial step is a move in the right directionin the wake that the world has witnessed the massive, wide, and deep of fraudulent payment activities, which presented losses to the tens of USD billions every year
Do notice we list all the countries below. But few of them are in the dawn of creating banking systems; so yet, they do not process cards nor surprisingly having any financial institute. In which case, the search returns empty BIN lists