Bin Number List Is A Long-term Investment

As long as you have business that accepts payments from credit and debit cards

, the bin number list will play a significant role in overcoming fraud card related cases. The bin number list proactively prohibits and avoids the number of victims on the side of the card holders while an increased chargebacks for the merchants. Hence, with the accessible bin number list found in an organized system called database, searches can be made through each unique bin number that represents individual card holder. Aside from that this bin number list represents the beginning number assigned for each bank across the globe. Any business owner could check on the bin database that actually holds the complete and updated list for reference. In fact, it is also known as bin range for bin number list with its corresponding card number patterns.

The Bin Number List Patterns

Some of the standard bin number list associated on specific card companies have integrated and unique bin numbers that represents their card. Some of which that normally found under the bin number list are the Amex bin list that starts with numbers 37, Discover begins with 65 or 6011, Diners Club uses 36, 38, and 300 up to 305, JCB starts with 35, MasterCard uses 51 up to 55 and lastly the Visa Card that only uses #4. There are other cards not mentioned here but included on the updated bin number list that can be checked on in order to assure merchants and customers in general that their cards are valid and active.

The Bin Number List Provides Active Cards

In partnership and support with bin card number searches, the bin number list give merchants a comprehensive and active list of cards which are being used in the market for purchases, payments of bills, and other purposes that credit and debit cards could serve. Moreover, the bin number list provides the latest updates that can be checked regularly by the merchants themselves to ensure that they are processing legal payments for purchases made by credit cards. This would work closely with the bin number search which is available online because it clarifies easily that the card is in active status. There would be situations that the card may appear on the search but upon checking on the bin number list it confirms if it's cancelled or not or a different beginning numbers have been assigned.

The Need for Bin Number List

The bin number list is not just an option for all online merchants especially to those who are just novice in running a business through websites. Majority of the payments for all buy and sell stuff through online marketing is paid and done through credit cards including promo and other discounts. Hence, with the open access on the bin number list, individuals could validate the activity and transactions for all card holders. This is just a bin number list that would support the searches but constant communication and coordination to its database must be done to confirm if it's the latest information.

by: Gen Wright

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