subject: Verify Your Credit Card Transactions With Bin Lookup Procedure [print this page] A BIN or Bank Identification Number is the name given to the set of first six digits of every credit card number. BIN is used to verify or legitimate different types of credit during an online or offline electronic transaction. With the help of this, you can find out the brand, category and the issuing institution of a credit, debit or gift card. Although BIN information is not public, you have the scope of getting this information through a number of online BIN databases. A BIN database is the collection of all the BIN records that gives you all the information regarding a particular card.
The procedure of searching a BIN database for required information is called BIN lookup. BIN number look up is conducted with the help of a bin look up software. BIN look up database software is also called BIN checker. The process of BIN lookup is rather simple, as you just have to enter the BIN from the credit card you want to validate. You enter the six-digit number in the search box of bin lookup database. The number you entered will be compared to all the available records in the bin database. The BIN lookup software will return the results after comparing the BIN number with bin lookup table. The database will return all the details stored in it regarding bin lookup bank identification number.
You can also request for a free bin lookup service over the Internet. There are a number of websites, which offer bin lookup online facility to their visitors. Through this facility, you can validate a number of BINs of different credit cards with the help of online BIN lookup process.
BIN look up credit card validation process helps in preventing fraudulent online shopping. It prevents the credit card frauds that may happen due to credit card theft and breach. In addition to credit card validation, you can use process of debit bin lookup to validate a given debit card. You can use the module to validate different credit cards such as bin lookup visa card validation, bin lookup master card validation, bin lookup American express card and many others.
Although you can take benefit of bin lookup free over the Internet, but a number of websites require registration for free bin lookup. Some websites offer bin lookup free, but only for a limited number of records. In order to overcome this limitation, you need to purchase a BIN lookup database from a reliable bin lookup issuer.
BIN lookup process and BIN database help you in terminating suspicious transactions before completion, as they tell you the complete details of a credit card. The database contains all the necessary information such as credit card brand, Issuer Company, ISO name and number of the country, ISO codes and contact information of Issuer Company along with its complete URL.
In short, you cannot run an online business without getting help from BIN lookup database, as it one of the most effective tools to avoid Internet fraud.