The initial six digits from the account number in almost any credit card indicate the Bank Identification Numbers (BIN). These numbers are important as they has to be verified before any payment can be authorized. Validating this number requires the use of a BIN list tool to recognize the institution that issued the charge card as well as other secured information.
The BIN checker tool, because i mentioned earlier, is often a tool employed in authenticating the corporality of the bank identification number from updated databases.
The key objective of it is to find the essential information required to validate transactions done with cards. This calls for checking the first 4 to 6 digit of the credit or debit card.
Due to frequent changes as well as the wide range of records that it covers – over 300, 000 record at the moment – it can be extremely difficult to maintain or read completely 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 a little more about this tool within the next article.
How TheBIN List Tool Works
It can be really quite simple. The objective of the tool is always to lookup the BIN to determine if it’s a credit, debit prepaid, or charge card.
To utilize the too, simply enter in the first six digit and then click check. The tool will bring up all of the secured information associated with the BIN you entered.
Here is a table showing the cardboard the perception of 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 for that Major Industry Identifier, which is the first digit in the plastic card number.
Here’s 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
Why use the BIN list tool?
• The BIN list tool is helpful in determining the credit card type by traders. It tells whether it is a charge card, bank card, prepaid card, or plastic card.
• It helps you to prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users with all the possibility to monitor suspicious orders.
To read more about BIN Checker take a look at this web portal.