The very first six digits from the account number in a bank card indicate the financial institution Identification Numbers (BIN). These numbers are necessary since they must be verified before any payment could be authorized. Validating the dpi necessitates the utilization of a BIN list tool to recognize the institution that issued the card along with other secured information.
The BIN checker tool, because i mentioned earlier, is a tool employed in authenticating the corporality of your bank identification number from updated databases.
The principal objective of this tool is the mandatory information necessary to validate transactions carried out with bank cards. This implies checking the first 3 to 5 digit with the debit or credit card.
On account of frequent changes as well as the massive amount records it covers – over 300, 000 record right now – it really is almost impossible to keep up or read straight from the BIN list.
Fortunately there is a tool that helps curb this drawback – the BIN checker tool. We will talk more details on this tool over the following article.
How TheBIN List Tool Works
It really is easy enough. The purpose of the tool would be to lookup the BIN to ascertain if it is just a credit, debit prepaid, or charge card.
To utilize the too, simply enter in the first six digit and click on check. The tool will take up each of the secured information associated with the BIN you entered.
Here’s a table showing the card the appearance 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, the actual first digit from the bank card number.
Here is a table showing the most important Industry Identifier (MII)
Major Industry Identifier (MII) Category
0 ISO/TC 68 as well as 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, along with other future industry assignments
9 For assignment by national standards bodies
The reason to use the BIN list tool?
• The BIN list tool is helpful in determining the card type by traders. It tells whether it’s a card, bank card, prepaid credit card, or bank card.
• It allows you prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users using the possibility to monitor suspicious orders.
More details about BIN Checker resource: read.