The initial six digits of the account number in a credit card indicate the lending company Identification Numbers (BIN). These numbers are essential while they has to be verified before any payment would be authorized. Validating this number requires the use of a BIN list tool to spot the institution that issued the cardboard and other secured information.
The BIN checker tool, as I mentioned earlier, is really a tool used in authenticating the corporality of the bank identification number from updated databases.
The key function of this tool is to get the essential information had to validate transactions finished with cards. This implies examining the first Four to six digit in the credit or debit card.
As a result of frequent changes as well as the great deal of records who’s covers – over 300, 000 record currently – it’s almost impossible to keep up or read from the BIN list.
Fortunately you will find there’s tool which enables curb this drawback – the BIN checker tool. We are going to talk more details on this tool next article.
How TheBIN List Tool Works
It’s really quite simple. The objective of the tool is usually to lookup the BIN to find out if it’s a credit, debit prepaid, or charge card.
To use the too, simply go into the first six digit and click on check. The tool will bring up each of the secured information associated with the BIN you entered.
Listed here is a table showing the charge card the perception of BIN range and length.
Card design for 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 for your Major Industry Identifier, which is first digit with the charge card number.
Here is a table showing the Major Industry Identifier (MII)
Major Industry Identifier (MII) Category
0 ISO/TC 68 and also other industry assignments
1 Airlines
2 Airlines, financial and also other future industry assignments
3 Travel and entertainment
4 Banking and financial
5 Banking and financial
6 Merchandising and banking/financial
7 Petroleum and other future industry assignments
8 Healthcare, telecommunications, as well as other future industry assignments
9 For assignment by national standards bodies
Why use the BIN list tool?
• The BIN list tool is effective in determining the cardboard type by traders. It tells whether it’s a charge card, debit card, prepaid card, or plastic card.
• It really helps to prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users using the chance to monitor suspicious orders.
For details about BIN Checker resource: click for info.