subject: Functions Of Bank Bin Numbers [print this page] For people who do not know about BIN or bank identification numbers, they should look at their credit or debit card more closely. There would be a 16 digit code in the face of your credit card, and the first six digits of the 16 digit code would be your BIN. The bank bin is one of the most effective measures to curb scams with the help of credit cards, and hackers can easily be caught who happen to purchase items with stolen details of credit cards. You should always include bank bin ranges, so that the people, who prefer to scam you, can find themselves in the burning end.
The bank bin database would let you do a lot of searches on the various credit card details that have been given in your website, and you would need to tally them with the amount of information that is provided with the purchase of an item with that credit card. If you find any abnormality present in such information, then you can stop the purchase of the product from your website, and you can report the matter to the appropriate authorities. Once you find that up on a very close look at the bank bin numbers list, that the credit card details have been given wrong, make sure that the first thing you do is cancel the transaction, and then note down the IP address of the person trying to register. When the bank will contact you regarding this transaction, to avoid them with the details, and give them any such logs that you may have had about the whole transaction.
A very good bank bin numbers list can do wonders for stopping scammers, and you would always need an upgraded list, that can give you the latest credit card details of people with bank bin identification, and you would be able to tally them with any credit card details that are provided to you in your e-commerce website. The necessary bank bin identification will only be provided by the person who happens to own the bank bin numbers list.
One of the best things that you would find about bank bin numbers is that they can give you a very good idea about the difference between credit cards and debit cards, and any case you are provided on a faulty bank information, you can easily get them corrected, along with ensuring that there is no other faults pertaining to your bank account. Under such circumstances, a bank bin base that is of a strong nature should be procured by you. Doing a bank bin search after each and every transaction can help you understand the system more better, and you would also be able to go for bank bin check for each and every dubious credit card transaction that you find which has been caught on your website, or in someone else's website, whom you want to help out and show them how good a bank bin is.
