Several Good Reasons To Make Use Of A Bin Database

A bin database is a comprehensive collection of information that is contained and updated on a regular basis day after day

. It is possible to purchase a bin database from sources which you can find by doing a search of the internet.

View online demo

Before making your purchase of a bin database, it makes sense to look at an online demo or two. By doing so, it is possible for you to verify that the bin database that you are planning on purchasing is one that is useful for you and also affordable.

There are numerous bits of information contained in a bin database including the name of the country of a bank that issues the bank identification numbers. It makes sense to use the bin database for different purposes such as to check the type of funding which can be anything including credit card, debit card or even a prepaid gift.

Learn about sub-types

If you need more information, then you can use the bin database to find out the subtype of either a debit card or a credit card. These subtypes include the likes of business, classic and electron. In addition, the bin database will also supply information to help you verify the brand which can be Visa or MasterCard or even American Express or some other equally well-known brand.

A bin database is normally complete in it and is sure to contain exhaustive amount of information. This information can relate to city names, phone numbers and websites as well as information related to Solo, JCB, Discover, Maestro, Switch and even Diners. You can also tap the bin database to find out bank identification number for bins that are not available.

There are other reasons why a person should make use of a bin database. In this day and age when most transactions are being conducted online, there is needed to make use of a bin database which will provide information (validated) that relates to cards - both debit and credit - and which contains all the relevant information about those cards.

Obtain complete details

Regardless of the kind of card that you are using, the bin database can provide you with complete details which can come in handy when you wish to know more about the card brand. In other words, when using a bin database you have the opportunity to look beyond just the identification number of the card and use information to help you combat fraud.

The information that is provided by the bin database will help you prevent transactions of a dubious nature. The additional information provided by the bin database will also help you improve the way that you manage risks. In fact, you will find that a bin database helps you to know when frauds are being committed through various means when undertaking an online deal.

A bin database provides comprehensive information that will help you make use of large scale information which you can use to help you prevent fraud. You can do various things including checking on ratio of customer chargeback. This particular piece of information is very crucial to the modern online merchant.

by: Gen Wright

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