subject: Prevent Credit Card Fraud With A Bin List Database Easily [print this page] Within easy rich is a BIN list database that will help you to guard against credit card fraud. It's no secret that charge card and credit card fraud costs cardholders, bank issuers, and merchant account holders hundreds of millions of dollars every year. And even though theft is the most common forms of fraud, it can happen in many other ways. When you have access to a BIN list you can help to cut down on those instances when a card number is being used without the cardholder's knowledge.
Because it's just not always possible to stop every instance of credit card fraud, taking advantage of bank identification number BIN list will make it much more difficult for crooks to use credit cards to purchase your products and services. Minimize the possibilities when processing electronic credit card payments and make a BIN list checker the number one tool to use in your business.
Getting a clear understanding of how the BIN list database works is not just for big business. Small business owners, entrepreneurs, and those who run their businesses from home will find that having a list of bank BIN numbers on hand will be one of the smartest business decisions you will ever make.
As a merchant account holder, you probably already know that consumers are highly protected when it comes to credit card fraud. But business owners are not as lucky. Anytime a consumer reports any questionable charges on their cards or reports a card as stolen, they are released from any responsibility for the charges.
If your company has already processed the fraudulent transaction and shipped the merchandise you are in trouble. Not only are you out of a product that you will never be paid for, but you will also be hit with administrative fees or charge-backs because of it.
Accessing a reliable BIN list database will be your saving grace and put more of your money in your pocket. Now you can stop those transactions from hurting your business and throwing good money after bad.
The BIN list bank identification number provider will be able to provide you with results either via a BIN list Excel file or as a text file that can be opened using a text editor such as WordPad or Notepad.
What's great is that you won't need any special skills or be a master in technology to access BIN list credit card numbers. All you need is the first six digits of a card in order to verify card holder and banking information. The BIN list database will give you numerous combinations for all credit, debit, prepaid and gift cards.
Organize your BIN list in way that makes it simple and easy to catch a fraudulent transaction before it i processed and your merchandise shipped out. As a matter of fact, you will never again have to worry about credit card fraud.
