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Credit card bin -

By FlorianZippel Subscribe to RSS | December 18th 2011 | Views:
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You make use of BINs on the daily basis -each time when you make the purchase or else make the sale, no matter whether it actually involves the credit card, debit card, and prepaid or gift card. Bank Identification Number is first 6 digits on the bank card; and it identifies bank, or issuer of the card. Like use of the bank cards grows highly, so does the fraud and the theft involving the cards. The best defense against the credit card fraud is informed BIN database, and you will get the most up to date & accurate one available.

In growing global economy, you will see there are a lot of different types of the credit cards on market. Business, personal, and secured credit will make an average credit costumer feel a bit light headed trying to digest the information accessible, now let alone try to decipher on which credit card bin will be right one for them. Even though there are a lot of different choices for credit, and there are just many major brands of the credit cards.

You have probably heard about them throughout the life, which includes some clever marketing campaigns that air today, which includes Visa's. 'Major brands in the operation today comprise of Mastercard, VISA, Discover, American Express, JCB, Diners Club, as well as BankCard and all has the specific credit card bin number attached to it. The BIN numbers, also called as Bank Identification Numbers, are keys for combating the fraud & for merchants looking up for your information by credit card bin lookup or database, to make sure your card has not been stolen and you are trying to use somebody else's card in the fraudulent way.

Discover Card gives the 'Cash back' bonus program, which earns you money for more purchases that you make. And it is similar to the coupon and rebate program, however there is nothing needed to do to get Cash back bonus; you just get the check or credit in your account on the regular basis. And this card is the division of Sears & has built the solid reputation over years.

American Express generally caters the o professionals & has various options accessible, which includes special access for sporting events & concert tours. The membership is been advertised at giving privilege and one might think about the card as to be part of country club.

Visa & Mastercard are the most known & accepted all over the world. In case, you have any of the credit cards in wallet, then you have bound to have either logo on it. And they have different plans, which includes 'airmiles' or other incentives.

What all these credit card companies have common is they make use of series of numbers, called as credit card bin numbers, for making every card and unique account. First 4 to 6 digits of credit card bin number are identifiers that indicate where card was issued originally. As for completeness, 100percent full compilation credit card bin numbers doesn't exist -it is impossible.

FlorianZippel - About Author:
And this card is the Bank Identification Number division of Sears & has built the solid reputation credit card bin over years.

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