The very first six digits with the account number in almost any charge card indicate the Bank Identification Numbers (BIN). These numbers are essential because they have to be verified before any payment can be authorized. Validating this number demands the use of a BIN list tool to identify the institution that issued the card and also other secured information.
The BIN checker tool, because i mentioned earlier, is often a tool used in authenticating the corporality of an bank identification number from updated databases.
The main objective of this tool is to find the necessary information required to validate transactions done with bank cards. This requires examining the first 3 to 4 digit with the credit or debit card.
Due to frequent changes and also the wide range of records which it covers – over 300, 000 record at the moment – it’s almost impossible to take care of or read completely from the BIN list.
Fortunately there exists a tool which enables curb this drawback – the BIN checker tool. We’ll talk more details on this tool over the following article.
How TheBIN List Tool Works
It can be really quite simple. The aim of the tool is usually to lookup the BIN to find out if it is a credit, debit prepaid, or bank card.
To work with the too, simply enter in the first six digit and click on check. The tool provides up each of the secured information related to the BIN you entered.
This is a table showing the charge card design for BIN range and length.
Card the perception of Bank Identification Number (BIN) Range and Length
Issuing network BIN ranges Active Length
American Express 34, 37 Yes 15
Bankcard 5610, 560221-560225 No 16
China UnionPay 62 Yes 16-19
Diners Club Carte Blanche 300-305 Yes 14
Diners Club enRoute 2014, 2149 No 15
Diners Club International 36 Yes 14
Diners Club Canada & USA 54, 55 Yes 16
Discover Card 6011, 622126-622925, 644-649, 65 Yes 16
InterPayment 636 Yes 16
InstaPayment 637-639 Yes 16
JCB 3528-3589 Yes 16
Laser 6304, 6706, 6771, 6709 No 16-19
Maestro 50, 56-58, 6 Yes 12-19
MasterCard 2221-2720, 51-55 Yes 16
Solo 6334, 6767 No 16, 18, 19
Switch 564182, 4903, 633110, 4936, 6759, 4911, 4905, 6333 No 19, 18, 16
Visa 4 Yes 13, 16, 19
UATP 1 Yes 15
The BIN List tool also checks to the Major Industry Identifier, which is first digit of the charge card number.
Below is a table showing the key Industry Identifier (MII)
Major Industry Identifier (MII) Category
0 ISO/TC 68 and other industry assignments
1 Airlines
2 Airlines, financial and other future industry assignments
3 Travel and entertainment
4 Banking and financial
5 Banking and financial
6 Merchandising and banking/financial
7 Petroleum along with other future industry assignments
8 Healthcare, telecommunications, and also other future industry assignments
9 For assignment by national standards bodies
Why use the BIN list tool?
• The BIN list tool is advantageous in determining the credit card type by traders. It tells whether it be a credit card, debit card, prepaid card, or plastic card.
• It helps to prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users together with the chance to monitor suspicious orders.
For more information about BIN Checker browse the best internet page.