subject: Best 7 Ways To Use Credit Card Bin Numbers [print this page] Credit card bin numbers are the first set of six numbers in sixteen digit numbers that we find imprinted on all the cards (Credit cards, Debit cards, Cash cards etc.). Here BIN stands for Bank Identification Number. When the card is swiped, you can easily come to know about the details of the card user and the bank, which has issued the particular card, all these can be done with the help of the credit card bin numbers.
Learn about the ways of using credit card bin numbers:
Secure online transactions with Learn about the ways of using credit card bin numbers
If you prefer to go for an online transaction frequently then you are obviously aware of the fraudulent cases that are going around all the time. You may get scared of these fraudulent cases and may get tensed to access such online transactions, but you cannot avoid online transactions because of its various helpful properties like it make your transactions go more easier and quicker. To avoid online fraudulent cases, use credit card bin numbers.
How does the credit card bin numbers help you
In the database, credit card bin numbers are maintained. This database is updated on regular basis, which help you to get important information to avoid or detect fraudulences.
Credit card bin numbers help you to track the bank that has issued the card
If you swipe the card then the Bank Identification Number (BIN) gets generated. This helps you to trace the bank that has issued the card. If your card is used by the frauds then you can come to know about it with the help of credit card bin numbers.
Card brands can also be validated with the help of credit card bin numbers
You can validate the brand of the cards( VISA, Master, American Expresses and etc) too with the help of the credit card bin numbers. Subtypes of the card (Business, Electron, classic) can also be determined with the help of the credit card bin numbers.
Customize credit card bin numbers according to your business or transactional needs
One of the important properties of credit card bin numbers is that you can customize Credit Card Bin Numbers as per your requirements. If you do not want to work further with any particular bank then you can block the bank from the list of your preferences with the help of credit card bin numbers. You can also set restrictions on few nations and merchants to lower the risk of online fraudulences.
Different charges are set for different cards with credit card bin numbers
Cards, which are issued outside your national boundaries, are charged different fees. You can charge different fees for the card issued outside the country with the help of credit card bin numbers.
You can differentiate between Credit card and Debit card with the help of credit card bin numbers
When somebody is swiping his or her card then it becomes very necessary to know whether the person is using Credit card or Debit card. The credit card bin numbers help you to know about the card the person is using.
