Be A Step Ahead Of Online Criminals With Credit Card Bin Numbers
So you have heard of how people get conned over the internet
. Or you may have been presented with a credit card that turned out to be a fake. Such kinds of experiences are there on a day to day basis, what with the internet making things so easy. A criminal will set up an email address and start doing business with completely false information. You will not know this and take them for their word, since they may be in another part of the world. This was a normal phenomenon a few years back but this should not be the case anymore.With a credit card bin number you can be able to track down the person you are dealing with and confirm everything you need. All you need to do is run a credit card bin numbers lookup and all the information will be in front of you. If things are not clear you can even have a telephone number of the issuing institution, this way you will crosscheck with their records.
You do not have to worry if you are involved with international customers, with credit card bin numbers database you can validate any card. Bank Identification Numbers (BIN) is international, so if you are in the US and trading with someone in India, the card is identifiable. The numbers will identify the country and the institution where the card was issued. From here you will know whether the card is genuine or not.
Conducting this kind of process manually is hard especially where you need to check foreign transactions. With credit card bin numbers checker, all you need to do is input all the card information and the software will match it with what is on the database. Most reliable credit card bin numbers database come in formats that are easy to use and integrate into your system. So it will work hand in hand with your programs and therefore saving you time and money.
A credit card bin numbers search should be able to give you the transaction history of that particular card. From this you can be able to judge a suspicious trade. When dealing with commodities, there are some that naturally move slowly, but if someone starts ordering huge quantities frequently it should raise eyebrows.
The credit card bin number will tell you all this and then you can act accordingly.
As a company that aims to stay afloat for a long time having a credit card bin numbers checker is something you should consider seriously. You will reduce the number of charge backs you incur and also prevent fraud. The minimum allowable limit for charge back is 2.5%, and you should always be below this limit. The only way to do this is by having a credit card bin numbers database that is constantly updated so you do not accept a fake card.
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