The 1st six digits in the account number in any charge card indicate the financial institution Identification Numbers (BIN). These numbers are necessary because they has to be verified before any payment could be authorized. Validating this number necessitates the use of a BIN list tool to recognize the institution that issued the card along with other secured information.
The BIN checker tool, while i mentioned earlier, is a tool used in authenticating the corporality of your bank identification number from updated databases.
The main aim of it is to get the necessary information required to validate transactions carried out with bank cards. This calls for checking the first 3 to 5 digit with the debit or credit card.
Because of frequent changes and the number of records that it covers – over 300, 000 record at this time – it can be extremely difficult to keep up or read directly from the BIN list.
Fortunately there is a tool that assists curb this drawback – the BIN checker tool. We will talk more about it within the next article.
How TheBIN List Tool Works
It’s simple. The purpose of the tool is usually to lookup the BIN to find out if this is a credit, debit prepaid, or bank card.
To use the too, simply enter the first six digit and then click check. The tool provides up every one of the secured information linked to the BIN you entered.
Listed here is a table showing the credit card design for 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 to the Major Industry Identifier, which is first digit from the plastic 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 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 also other future industry assignments
8 Healthcare, telecommunications, as well as other future industry assignments
9 For assignment by national standards bodies
Why would you 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 card, debit card, prepaid credit card, or credit card.
• It helps you to prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users together with the possibility to monitor suspicious orders.
To get more information about BIN Checker resource: read more.