Plastic money is very difficult to manage when it comes to a transaction particularly if you are on the receiving end of the transaction in the first place. There is a lot going around the world in terms of credit card fraud and even the use of such bank issued cards for suspicious and illegal activities. One can never be careful enough when it comes to the cards. This is where Binbase turns out to be an immensely helpful tool. It allows you to...more
The modern advances in the use of the internet as a method of monetary exchange for commodities, is a rather double-edged sword for many considerations. It allows one the fast and elaborate choice setup, which allows a person to not shy away from a transaction at, will. The preferred media of such monetary exchange in such cases is mostly the credit or the debit card. It took banks some time but eventually they came forward with a compatible...more
Plastic money is not a recent development. However, several elements associated with plastic money have been recent in their onset. For instance, the growth of credit card fraud and the use of plastic money for exchange on the internet are two things that have only found a firm footing in recent times. Either activity involves an element of hazardous results for one side of a transaction involving credit cards and in most cases it is the side that accepts the credit card transaction and receives money from it that is most affected by its side effects. It is here that the virtues of a BIN Database come to the fore. In simple terms, a BIN Database is a collection of information about the issuance of a credit or debit card related to the bank of issuance, which includes information like name of the bank and location of issue amongst other things. The BIN Database numbers are called up with the help of a certain BIN or a bank identification number, which is the key to the needed information. The BIN is normally found within the credit card number itself. The first six of the sixteen digits pertain to the actual BIN of the credit or debit card. A BIN Database program is normally...more
These days we perform most of our work on the computer. Be it documentation or storing pictures, we save all on our system. The computer is one invention of technology that has actually become an important part of our life. This technology has changed the way we work and has changed the way we store and save our work and other important data. Like...more
A BIN database is the collection of records of different BIN numbers. It is quite difficult to maintain and design an accurate and up-to-date BIN database, as all the records need to be hundred percent accurate and latest. A number of companies dedicate a research team to update and maintain their BIN database regularly. A bin database program can...more
With the advent of the internet facilities all across the world, shopping, purchasing online has become really convenient. In fact, even the banking transactions are practiced on the same base today. It actually saves your precious time and gives you an opportunity to process everything in few clicks. However, if you think from behind the table perspective, there are a lot of things to be taken care of. Being a customer, you simply pay your debts with a credit or debit card, but the concerns, who receive the money, have to look after many aspects. The numbers printed on your card are of utmost importance. It should match with the bin database numbers, in order to prove its genuineness. It not only is the identity of your card, but also extremely essential for the party, who is getting the payment. What is bin database? What are its uses? If these questions are tickling your mind, you should certainly proceed with this article.What exactly is BIN database?Bin actually stands for bank identification numbers. This database is basically a list prepared by the banks that enables the merchants to confirm the authenticity of the card before taking the payment. With the help of this...more
The Bank Identification Numbers allow you to identify the origin and the authenticity of different types of cards provided by different financial institutions. If you are wondering as to which numbers represent the BIN then you must know that the...more
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