The initial six digits from the account number in a charge card indicate the lender Identification Numbers (BIN). These numbers are necessary since they has to be verified before any payment can be authorized. Validating this number involves the utilization of a BIN list tool to identify the institution that issued the charge card and also other secured information.
The BIN checker tool, because i mentioned earlier, is often a tool utilized in authenticating the corporality of an bank identification number from updated databases.
The key aim of this tool is to buy the mandatory information necessary to validate transactions done with credit cards. This implies checking the first 3 to 5 digit with the credit or debit card.
Because of frequent changes and also the number of records which it covers – over 300, 000 record currently – it can be almost impossible to maintain or read directly from the BIN list.
Fortunately there’s a tool which enables curb this drawback – the BIN checker tool. We are going to talk much more about it over the following article.
How TheBIN List Tool Works
It really is simple. The goal of the tool is to lookup the BIN to ascertain if it is a credit, debit prepaid, or plastic card.
To utilize the too, simply go into the first six digit and click on check. The tool provides up every one of the secured information related to the BIN you entered.
This 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 from the charge card number.
Here is a table showing the key Industry Identifier (MII)
Major Industry Identifier (MII) Category
0 ISO/TC 68 along with 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, and 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 credit card type by traders. It tells be it credit cards, debit card, prepaid card, or charge card.
• It helps to prevent fraudulent transactions especially from foreign countries outside US and Canada. The BIN list tool provides users with all the possiblity to monitor suspicious orders.
For details about BIN Checker web portal: read this.