Credit card fraud is a serious problem that affects both consumers and businesses alike. According to recent statistics, credit card fraud losses exceeded $27 billion in 2018. One of the most effective ways to prevent credit card fraud is to use a credit card validator API, which will allow you to know the Bank of any card. A credit card validator is a tool that verifies the validity of a credit card number by checking it against a database of known valid numbers. By doing so, it can prevent fraudulent transactions from occurring.
Use A Credit Card Validator API To Know The Bank Of Any Card
There are many advantages to using a credit card validator. For one, it can help reduce the risk of chargebacks and disputes, which can be costly and time-consuming for businesses. Additionally, it can help protect consumers from identity theft and other forms of fraud.
One type of credit card validator that is particularly useful is a BIN checker API. A BIN checker API is a tool that allows businesses to quickly and easily check the issuer bank of a credit card. By knowing the issuer bank, businesses can better assess the risk of a transaction and take appropriate action.
Using a credit card validator – BIN checker API is also beneficial because it can be integrated into existing systems with ease. This makes it a cost-effective solution for businesses of all sizes.
In conclusion, using a credit card validator is an important step in preventing credit card fraud. And, using a credit card validator – BIN checker API can provide businesses with additional benefits such as reducing chargeback, protecting consumers, and assessing risk.
Check Credit Card Validator – BIN Checker API To Learn Any Card’s Bank
With this API, you can easily and quickly determine the issuing bank of a credit card. This can help you improve the accuracy and efficiency of your payment processing, as well as reduce the risk of fraud.
Whether you are an e-commerce platform, a financial institution, or a payment processor, Credit Card Validator – BIN Checker API can help you streamline your operations and provide your customers with a better payment experience.
So, How Does It Work?
To obtain complete data, the customer needs to send the Bank Identification Number (BIN). Another option is the Issuer Identification Number (IIN) of their credit/debit card.
To get the full details of a BIN, which is the first six digits of a credit/debit card, you need to input the BIN into the API, and it will return the JSON format with the card’s validity, whether it is VISA or MASTERCARD, the issuing bank, and the card’s issuing location.
For instance, if you use the endpoint with the BIN number “448590,” the API will respond with the following:
{
"success": true,
"code": 200,
"BIN": {
"valid": true,
"number": 448590,
"length": 6,
"scheme": "VISA",
"brand": "VISA",
"type": "CREDIT",
"level": "PURCHASING WITH FLEET",
"currency": "USD",
"issuer": {
"name": "JPMORGAN CHASE BANK, N.A.",
"website": "http://www.jpmorganchase.com",
"phone": "1-212-270-6000"
},
"country": {
"country": "UNITED STATES",
"numeric": "840",
"capital": "Washington, D.C.",
"idd": "1",
"alpha2": "US",
"alpha3": "USA",
"language": "English",
"language_code": "EN",
"latitude": 34.05223,
"longitude": -118.24368
}
}
}How To Get Started?
1- Navigate to Credit Card Validator – BIN Checker API and click “START FREE TRIAL” to begin using the API.
2- You will be issued your unique API key after registering in Zyla API Hub.
3- Check the BIN number using the API endpoint.
4- When you’ve reached your endpoint, perform the API request by hitting “RUN”. Now you will see the results on your screen.
Related Post: Which Is The CC Checker API With More Complete Details?
Also published on Medium.