Enter the first six digits of a payment card for lookup; whether it is a credit, debit, charge or a prepaid card. Now sit back relaxing while we lightning-fast performing BIN lookup on our daily updated database, presenting all the secured information related to the entered bank identification number.
|Bank Issuer||FIRSTCARIBBEAN INTERNATIONAL BANK (BARBADOS), LTD.|
|Bank Web URL||www.cibcfcib.com|
|Brand (Financial Service)||VISA|
Credit and Debit cards, gift cards, prepaid cards, and other charge cards have many numbers. A bank identification number is then the initial set of the first four to six numbers on these cards. BIN Numbers then is of great importance to merchants as it helps in averting great fraudulent traps being laid by money launderers and fraudsters. How?
BIN numbers help in spotting any laid-out risk and security breaches or even identity theft. BIN Numbers is developed by the International Organization for standardization, otherwise known as ISO, to align and confirm the card holder's original data with the card details. BIN Numbers in some place, is also known as Issuer Identification Numbers or in short IIN.
Having considering the risk attached to the usage of online payment systems, here are the benefits of using a BIN Checker.
As earlier stated, the main essence of BIN checkers is to disengage fraudulent transaction plans and, as a merchant, to be safe from fraud traps, which might lead to significant loss and at its worst bankruptcy depending on the magnitude of the fraud one become its victim.
Being a user of trustworthy BIN Checkers, you stand a chance of getting an alert when any transactions that are unauthorized are being carried out. Either you are the service provider or the initiator of the transaction. And this is a great benefit that keeps you safe from falling victims of fraud and potential bankruptcy.
BIN Checker tools give the most recent and updated information that are about the Bank's details if the features is subscribed to, which means if there are any inconsistencies of any kind, you will receive a notification promptly.
Imagine being shielded from paying chargebacks, being "insured" and secured from fraud, and having a great business; nothing more supposedly can be a great advantage over competitors who are not aware of such tools as BIN Checker.
Every transaction, withdrawals, and deposits become very easy and much safer and extremely secured using BIN tools. Considering the collaboration and synergy between banks and the provider of these tools, the information coming from the tool's use is subjected to bank verification, which is very interesting.
Many of the known BIN Checkers come as free applications and tools for users and are quite easy to use, making usage stress-free.
For a given card number obtained from an offline or online transaction, merchant can perform lookup and check the card information matching its claims from a user. The difference may trigger frauds. In this case, the merchant should be careful.
Additionally with our online BIN range service, one can browse the updated lists of BIN numbers with different sets of given requirements for understanding, research, or learning purposes.