Sign Up or Login to view this post and enjoy everything our site has to offer!
Bank Identification Number (“BIN”) or Issuer identification number (“IIN”) is the first six digits of a bank card number or payment cards number and it is part of ISO/IEC 7812. It is commonly used in credit cards and debit cards, stored-value cards, gift cards and other similar cards.
BIN is beneficial to identify a card brand, issuing institution or bank, country of issuance, card type and category of cards. This information is very useful in commercial business for fraud prevention, especially in online store.