subject: How Does A Credit Card Bin Number Help You To Prevent Credit Card Fraud? [print this page] In this Internet age, you'd find that there are a lot of people that have been shopping online, and the favourite mode of payment in online shopping would have to be credit cards. Due to the availability of credit cards, and payment processors that can accept credit cards, the utility of credit cards in the mode of payment has been of a wide circulation. Lately, due to a lot of hacking attempts and stolen credit card details, there have been a lot of victims of such credit card fraud. Many people have actually lost their sensitive credit card details to some hackers, and it has been used in order to purchase products from various e-commerce stores. When the person has actually charged a refund to the e-commerce website, the main loser turned out to be the Webmaster of that e-commerce store, as he had already sold the product to that hacker, and now when the original owner of the credit card is asking for a refund, he is obligated by the bank to issue one. Under such circumstances, if you accept credit cards in your website, it would be very good for you to procure the credit card bin number.
The credit card bin number happens to be the bank identification number, which is the six digit code, which happens to be the prefix of the credit card number that is printed on the credit card. If you look for the credit card bin #, then you would probably find it in the credit card itself. The first and foremost thing that you should look for when you're trying to manage an e-commerce website is the procurement of the credit card bin database. This is one of the most essential factors in order for you to check the fraudulent credit card transactions from your website. Whenever a transaction is made via the credit card, the credit card bin validation is necessary from your site in order to ensure that the transaction is being done by the person who happens to be the owner of that credit card. If you happen to get in touch with the credit card bin verifier, then your entire job would become automated, and you would never need to worry about credit card transactions from your website ever again.
You should go for the credit card bin database download from a verified supplier, and he or she would be able to give you the very best of credit card bin numbers. Each and every time a credit card transaction would be done in your website, you should employ the credit card bin lookup, and you would find yourself very safe and secure from the hackers. There is also the facility of credit card bin software, which would make the entire process very easy for you, provided that you have a very good database, which is updated very frequently with new credit card information.
