Bin Checker
A bin checker, also known as a Bank Identification Number checker, is a tool used to validate and analyze credit card or debit card information. The term "BIN" refers to the Bank Identification Number, which is the first six digits of a card number.
The primary purpose of a bin checker is to determine the issuing bank or financial institution associated with a specific card. It provides essential information about the card, such as the bank's name, country of origin, card type (credit or debit), and whether the card is valid or not.
The bin checker is commonly used in fraud prevention and risk management systems. By analyzing the BIN, businesses can determine if a card is likely to be legitimate or if further investigation is required. For example, if a BIN is associated with a country different from the shipping address, it may raise a red flag for potential fraud.