A Transaction Validation API is a powerful tool that can help businesses securely process transactions, reduce fraud and errors, and improve customer satisfaction. It offers several advantages over traditional transaction processing methods, including increased efficiency, accuracy, and security.
A Transaction Validation API Has A Lot Of Advantages
One of the main advantages of using an API to verify transactions is its ability to reduce errors and fraud. The API can quickly and accurately validate transaction data, including credit card numbers, expiration dates, and CVV codes, to ensure that the transaction is legitimate. This helps to reduce the risk of chargeback and other fraudulent activities, which can be costly for businesses.
Another advantage of using a Transaction Validation API is its ability to improve transaction processing times. The API can automate many of the manual processes involved in transaction validation, including data entry, validation, and verification. This helps to speed up transaction processing times, which can lead to increased customer satisfaction and reduced transaction costs.
In addition, these APIs can also help to improve transaction security. The API uses advanced encryption and security protocols to ensure that transaction data is protected from unauthorized access and theft. This helps to reduce the risk of data breaches and other security threats, which can be catastrophic for businesses.
Overall, there are several advantages to using a Transaction Validation API. It can help businesses to process transactions more efficiently, reduce errors and fraud, and improve customer satisfaction and security. If you’re looking to streamline your transaction processing and improve your business operations, a Transaction Validation API may be just what you need.
Check Credit Card Validator – BIN Checker API, A High-Quality Transaction Validation API
Credit Card Validator – BIN Checker API is a valuable tool for any business looking to improve its payment processing system. The API provides accurate and reliable information on credit card transactions, allowing businesses to quickly identify potential fraud and errors. With the ability to seamlessly integrate with existing systems, the API can streamline payment processing and reduce the risk of human error.
Additionally, the advanced security features of the API help businesses protect their sensitive data and maintain a safe and secure payment environment. Overall, Credit Card Validator – BIN Checker API is an essential tool for any business looking to optimize its payment processing system and improve the overall efficiency of its operations.
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.