Learn Three Ways To Choose Bin Database Software

How would you like to join the millions of merchant account holders who are experiencing

a truckload of savings and winning the war against credit card fraud using reliable BIN database software?

It is your ace in the hole that provides you with an all-encompassing tool for checking BIN database bank identification numbers.

This one step will give you what you need to check every credit card transaction you process before you ship out an item. There really is no better way to keep the instances of credit card fraud down than using the BIN range database.

In the next few moments you'll discover some simple truths to help you choose the best BIN database software for your business. Since the clock is ticking, let's get started so that you can learn how the BIN database table can start helping you to protect your business now.

#1 - What Are The Needs Of Your Business?

As stated earlier, it will be tough to find anything more commanding than BIN database software to keep fraudulent transactions from hurting your merchant account and damaging your bottom line.

A scrupulously researched BIN database search most often contains every combination of BIN numbers including:

Prepaid Card Numbers

All Major Credit Card Numbers (Visa, American Express, Discover, MasterCard, etc.)

Gift Card Numbers

Debit Card Numbers

Think about the kind of transactions you process daily and where most of your sales come from. This will give you a good idea of which features you need when choosing a BIN database download.

A complete package typically includes a universal user license that includes everything under the sun about the credit card you are process, the card holder and the bank who issued the card. A single user license will have some limitations on the BIN database and BIN search

#2 - What Feature Will Best Benefit Your Business?

Basically, not all BIN database software has been created on the same playing field. There are a number of ingredients you need in order to make the best decision when choosing to flag or process a transaction.

For instance, it helps tremendously to know the country the card originated from and if the card is billed to one address but the item is being shipped to another. It also helps to know who the issuing bank is and their physical address and telephone number.

#3 - How User-Friendly Is the BIN Database Lookup?

A program that is easy to use is worth its weight in gold. This will save you time and money, especially if you plan to train employees on how to use the program. Furthermore, find out if the program is web based or a desktop program.

See if all the fields are easy to understand at a glance. If possible, try out a demo of the BIN database software before you buy. Look to see how often the software is updated and what type of customer service is offered.

by: Gen Wright

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