Checking Lists Of Credit Cards With A Bin Checker

The risk of being duped by credit card fraudsters is very real and this is why everyone

that uses these cards needs to learn about what a credit card bin check can do to prevent such occurrences. There are millions of people that shop with their credit cards and many among them have been duped by credit card fraudsters. Some of these people have had their life savings stolen while others have suffered severe consequences.

Fight credit card fraud

If you do not want to be defrauded, you should find out more about what a credit card bin check is and how a credit card bin check credit card bin search helps in preventing credit card fraud. A credit card bin check is basically about knowing that each credit card has a unique number which is used to identify it. Most credit card numbers are sixteen digits long though some might be shorter.

Verify genuineness of the card

Regardless of the number of digits involved, a good credit card bin check can check the BIN or bank identification number that is stored in a BIN database. When a credit card bin check shows a match, then the database will throw up information that can help verify the genuineness of the card. Unless the card is declared valid by a credit card bin check, you should not use the credit card.

Identify the issuing bank

The credit card bin check will help in identifying the bank that issued a particular credit card and in addition, will reveal information about the card type and card sub-type. It will also provide details about a security code. All this information is available when one uses a credit card bin check on a suitable BIN database.

The first six digits of the credit card are used to create a BIN or Bank Identification Number which is also sometimes referred to as an IIN or Issuer Identification Number. The BIN or IIN will then help identify the credit card and in addition will help to confirm that the card details which are presented by the customer match those with a genuine credit card that is stored in the BIN database.

After performing a credit card bin check, the details in the card should match those of the BIN database. In case there is a mismatch, the card will be red flagged and this should warn you that somebody is using a fake credit card. You should therefore immediately decline the transaction and even think about reporting the customer to the authorities.

A credit card bin check can do a number of things for you. If you are a business entity that wants to use a credit card bin check, then you will do well to choose one with care. You can either think about using free credit card bin check software which can be downloaded for free or you can think about going online to purchase credit card bin check software. The latter option is the better one as it will have features that are much more sophisticated and hence will provide you with better and more consistent results.

by: Gen Wright

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