The initial six digits with the account number in almost any bank card indicate the lending company Identification Numbers (BIN). These numbers are very important since they must be verified before any payment would be authorized. Validating this number involves the usage of a BIN list tool to recognize the institution that issued the card along with other secured information.
The BIN checker tool, when i mentioned earlier, is a tool doing work in authenticating the corporality of a bank identification number from updated databases.
The primary aim of this tool is to buy the essential information had to validate transactions completed with cards. This calls for checking the first 3 to 4 digit in the credit or debit card.
On account of frequent changes and the number of records that it covers – over 300, 000 record right now – it’s nearly impossible to take care of or read directly from the BIN list.
Fortunately there’s a tool that can help curb this drawback – the BIN checker tool. We’re going to talk more details on it in the next article.
How TheBIN List Tool Works
It’s really quite simple. The goal of the tool would be to lookup the BIN to find out if this is a credit, debit prepaid, or credit card.
To make use of the too, simply enter the first six digit and then click check. The tool will take up every one of the secured information related to the BIN you entered.
Here is a table showing the cardboard the perception of BIN range and length.
Card the appearance 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 your Major Industry Identifier, which is the first digit of the bank card number.
Here is a table showing the most important Industry Identifier (MII)
Major Industry Identifier (MII) Category
0 ISO/TC 68 and other industry assignments
1 Airlines
2 Airlines, financial as well as 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, 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 helpful in determining the credit card type by traders. It tells whether it be a credit card, bank card, prepaid credit card, or credit card.
• It helps to prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users with the chance to monitor suspicious orders.
For additional information about BIN Checker resource: click to read more.