This web app to look up the BIN (also called IIN), revealing all the information of the payment card, such as: the card network, issuer bank, card type, level, scheme, location, etc. Try Premium BIN Checker for up-to-date, accurate BIN Checks.
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Each business person who happens to process debit or credit cards on routine ought to comprehend the significance of BIN check. A BIN search that shows different data from the user's location, card type, level, etc triggers either denial or further investigation on the user's account by other means: phone call, email contact, public query or additional information request.
Additionally, if a business does not perform any BIN check on processing a card payment, the business sooner or later will find itself in a world of hurts as customers will go on chargeback spree while fraudsters receiving endless supply of merchandises for free. Likewise a bad BIN lookup does not help much either. Denying a good customer who may frequently buy your products or accepting a fraudster who are there to cause pain to your business ? These two use cases are directly related to the capability of your software. Of course, It may depend a little on how you tweak out the obtained result from a BIN call for what to do after. But choosing one of the best providers of BIN database is a no brainer. Take your time, research, and try out different BIN API provider.