subject: Encouraging Special Credit Use With Bin Amex Protection [print this page] Unfortunately, there are several businesses that will not use the American Express credit card as a valid form of payment with their products. The large amount of negative processes that have occurred have made accepting Amex a liability that is much larger than most businesses can handle. Fortunately, by using a service to validate bin Amex numbers ahead of time any business can accept the brand with little chances of negative effects.
Validation Using the Bin Amex Services
By using the bin number that is attached to these accounts, any institution that decides to issue out American Express branded cards allows legitimate businesses to run the bin Amex checks to validate the card. Since validation through bin Amex is possible, the instances of fraud can easily be avoided by using only numbers in electronic transaction that are valid. Any type of use other than valid cards will constitute fraud and can cause negative effects for the business attempting to run the charges through the fraudulent card.
A bin Amex checking service will require the bin number from the Amex card. This will be the first 6 numbers in sequence on the card. Whenever a bin Amex is checked, the service will require this number to be entered then after a short wait the validation procedure is completed. A valid card will display the issuing bank that provided the card. The card branding should be Amex related otherwise tampering with the number should be suspected. The type of card will also be displayed such as whether or not the card is standard issue or has specialized services attached.
Controlling the Flow of Fraud with Bin Amex Services Improves Quality
Any business that can now offer the brand due to the bin Amex validation can easily accept a much larger number of people that carry the brand with them. This way a business can then cater to the population of people who decide to use only the Amex branded credit services. Anyway that you put it, the bin Amex services also ensure that the fraud really reduces enough to improve the quality of the services.
By reducing the costs of being able to accept American Express, the bin Amex services can actually lower the costs for the businesses to provide their services and products to the immediate community as well as any interconnected business from consumers outside of the region. This is a simple yet effective method to grow the consumer base of a business simply by accepting the brand and validating with a bin Amex service.
Over time, fraudulent purchases can be completely reduced to the absolute minimum amounts when using the bin Amex services. A high quality bin Amex checker will be able to detail everything about the card including where it comes from. The ISO certification required to obtain a bin makes checking with a bin Amex verification tool possible. Any business that uses the bin Amex options to provide the American Express option to their consumers really has their thoughts with the customers!
