subject: Top 5 Reasons Of Using A Bin Checker Online [print this page] Earlier, using debit or credit cards for making business transactions was a status symbol, but now it has turned out to be a necessity. However, the negligence and carelessness of e-commerce merchants have made them victims of many credit card frauds. Nowadays, it is very difficult to indentify authentic credit cards issued by trusted banks. This is the main reason why your bank statement shows uncalled-for transactions and charges. To make sure that you stay away from such credit card frauds, you should use a bin checker online. This is a very useful source tooling, which offers you and your business protection from credit card frauds, while making business transactions. A bin checker online is easily accessible online ad using it is also very easy.
The main reason of using a bin checker online
All you need to do is to enter the debit or credit card number in the bin checker online tool and then hit the search button. The bin checker online will tell you the name of the issuing bank as well as the type of the card. You can also check other details about the issuer as well as the card with the help of a bin checker online.
Know whether a card is original or not with a bin checker online
Another reason of using a bin checker online is that you can check whether the card is authentic or not, and you can also check the legitimacy and validity of a given credit or debit card. If you find out any problem with the card, then you can stop processing payments from such cards. This makes it a useful tool for stores that accept credit card or debit card payments. It is also easy to find out the maximum card limit with the use of a bin checker online tool.
Find out about the issuing bank with a bin checker online
By using a bin checker online you can easily find out about the financial institution or bank, which will be completing the whole transaction started by the cardholder. On entering the debit card or credit card number in the bin checker online tool, you will know about the bank that has issued the card and can connect with that bank effortlessly. A bin checker online also enables you to obtain authorization for completing the payment process.
Be safe from frauds easily and effectively with bin checker online
A bin checker online tool is one of the easiest and effective ways of fighting credit and debit card frauds, as it enable merchants to cross check the information of a credit or a debit card. This is not all, as a bin checker online application also helps to check a customer's billing information that include the zip code as well. Another benefit of using bin checker online application is that you can use it for free.
Usefulness of bin checker online for online businesses
Online businesses are also taking advantage of this technology, and they use bin checker online application to protect themselves from online faurdulent practices. A number of sources now offer bin checker online service for the convenience of merchants and also make them aware about this beneficial technology that can be used for making online transactions safely. The database available online is huge, so it becomes easy to find reliable information about any credit or debit card before processing a payment.
by: Gen Wright
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