subject: Bin Checker Providing Facilities Along With Security Measures [print this page] The very main and basic use of bin checker is to minimize the fraud events from happening and minimize the losses from them. Bin refers to the bank identification number that consists of the basic information about the card issuing branch, country and contains other information like type of card whether it is a visa, maestro or credit card. The information from over the card is matched with the bank identification number database for any matches so that the information about the card issuing branch and other necessary information about the card can be attained.
Bin Checker Facility Explained
Bin checker or bin checking refers to the facility offered by certain websites to everyone with the help of which a person can search for the details of any card using its bank identification number irrespective of the fact whether the card is a visa card, credit card, maestro card or a master card. The only necessary consideration is that the details of the bin number must be present on the bin checker website. There are many websites offering the bin checking facility for free with no hidden cost. It only requires for a person who wants to check for the information about a card to input the bin number into the respective field, enter the image into the box which is required just to make sure that there is a person searching for the bin information and not a software collecting all the information from the database.
Where to Find Bank Identification Number In Order to Use Bin Checker
In order to use bin checker, the very first requirement is to obtain bank identification number (bin) from the credit, debit or maestro card. The bank identification number refers to the collection of first six digits that are imprinted in the front of cards whether it is a card with magnetic strip at its back or has a chip on its front. These very first six numerals from over the card can be used in order to acquire the information about the issuing bank and every other necessary information.
Bin Checker Securing Its Users against Frauds
Bin checker on its way to provide information on the bank identification number regarding the issuing branch of the bank, country and other necessary information about the account holder. There are many major gas stations and other stores that offer credit card acceptance facility. Sometimes along with the credit card or pin of the visa card, they also need us to enter our zip code that zip code is then matched with the data already present on the bin database system. If the zip code is incorrectly entered by mistake or intentionally then the payment will not take place putting the user into the category of a fraud in case of several unsuccessful entries of wrong zip code. Thus, bin checker also ensures the proper security of online merchants by saving the online merchants from going through frauds and losing their valuable money.
