{1 - 24} GreyGrey
{25 - 49} GreenGreen
{50 - 499} BlueBlue
{500 - 4999} OrangeOrange
{5000 - 24999} RedRed
{25000+} BlackBlack

Please confirm that you would like to report this for an admin to review.

Why are bin numbers crucial for card security?

Confirm that you would like to Remove Email Alerts for your question. You cant undo this and you will not be able to re-subscribe.

1 Answer

BIN or bank identification numbers are one of the most essential aspects of a credit or debit card holder. BIN database not just stores the bank information and identification but also one of its primary goals is to ensure the security of your card from fraud activities.

Suppose you are starting a business program. While the main goal for you to make a profit from the business you may also be concerned for fraud attacks to your site. People buying products from your site gives you their bank details. So you might make them comfortable by ensuring the highest level of security which is possible by looking after BIN numbers. Also, it is required to be able to detect fraud accounts to be a successful businessman.

No business organization can compromise with the security concerns. BIN databases give you the opportunity to check if the card number is valid or not. So installing a bin database software can help you solve the issue a lot.

Confirm that you would like to select this answer as the "Best Answer" to your question. This will bring this answer to to top and be highlighted as "Best Answer". You can always change this if a better answer is given.

You must be Logged In to Answer this Question

Already a Member, Log In
Not a member yet? Sign Up


happy wheels