Global Issuer identification number data

Checking prepaid cards can help businesses to decrease fraud. BinDB can currently identify over 12,000 different prepaid, virtual and gift cards.

Making it impossible to check the credit history of the buyer, prepaid and gift card related fraud generates millions of dollars of losses every year. Another danger is when people sign in for recurring services.

A common scenario includes a person signing up for a service after preloading the initial balance needed for sign-up, however once the service is consumed for the initial period, the prepaid card does not contain enough balance for re-billing.

Prepaid cards can be separated in two main classes: relodable and non-reloadable. Where non-reloadable prepaid cards can be, gift cards, disposable or virtual cards, cobranded cards and cards issued under bin sponsorship. The key difference between them is that reloadable cards as the name suggests allow being funded regularly and reused where non-reloadable cards are mostly disposable one time use cards.

Why choose Industry standard fraud prevention?
Your company processes card payments manually or automatically, we know how well this works for you and we do not want to change your way of processing payments. On the contrary, we provide a new powerful tool to aid your business.

BinDB's data will increase your revenue and protect your company's reputation by decreasing card fraud. The BinDB's bank data is a collaboration of the joint efforts of our many suppliers, researchers and partners that accurately identifies payment cards using the first six digits of the credit card number also known as a Issuer Identification Number.

With BinDB's data you can identify bank cards issued from almost every financial institution in the world. An accurate and complete data can provide extensive information for a specific bin number.

The PCI Directory businesses can identify many key factors of a given IIN number such as the card issuer, financial institution name and country or origin of bank cards.

- Extended Prepaid, Gift and Virtual cards detection (Reloadable and Non-Reloadable)
- Debit or Credit card recognition
- Card scheme identification (payment networks)
- Additional data on Co-Branded Cards (Identify cards issued by the bank in joint sponsorship with the large retail merchant)
- Detecting cards issued under BIN sponsorship (companies who process payments through an intermediary that is a direct scheme member)
- Distinguishing between consumer (personal) or commercial (business) cards.
- Fraud Prevention & Avoiding chargebacks
- Securing Recurring Payments and Subscription Billing Data.
- Improve financial security and risk management by detecting mismatches in card details and customer data.