subject: How Can Bin Numbers Help To Detect Card Fraud? [print this page] BIN or bank identification numbers would obviously give the merchant a basic idea is to who is the owner of that credit card. There are a lot of Webmasters that get a lot of chargebacks and refunds on that e-commerce website, and it has actually become a menace as well as an undue hassle for them to give up the mode of searching for revenue and having to pay people for such charges. In order for you to prevent those, you should get yourself a good bin numbers checker. If you go for a bin numbers check, you would find that most of the credit card transactions that has been done in your website would be fraud.
Bin numbers can certainly help you detect and find out the person who has been using that credit card, or the credit card details. With the help of a six digit code that is on top of the credit card, you would find that the number can give away that specific banking institution, as well as tell you about the credit card companies that have been involved in this transaction. Getting a hold of a very good bin numbers database should be your prime objective here. If you happen to get your hands on a much upgraded bin numbers list, then it would only be a matter of time before you can pinpoint the exact scammer.
To procure one of the biggest databases possible, you would need to go for the three databases that can give you a very good idea as to all the credit card details of that region. You can go for bin numbers American Express, bin numbers visa, and bin numbers MasterCard. If you happen to have a collection this big, then you would definitely be in front of any potential hacker, and you would be able to spot a fraudulent transaction from a mile away.
Whenever you find that there is a potential fraudulent transaction going on, and then do a bin numbers check. It is more often than not that you would get misleading information on the form that is provided for the procurement and purchase of an item, and it would differ very much from the details that would be provided by the credit card number to you. Whenever you find that there is a vast mismatch in credit card details and the form is submitted, ensure that you record the IP address of that person, and report them to the appropriate authority.
Getting chargebacks along with refunds is not at all good for the reputation of that website, and if you happen to have an e-commerce website that deals with products, then any better negative reviews upon the website can be treated with a lot of seriousness, and in most cases, you would find that your website has become de-indexed. Hence, make sure that you always have with you a bin numbers credit card list, and you would be safe from most scammers.
