In today’s digital era, e-commerce has revolutionized the way we shop. People can now shop from the comfort of their own homes, but it has also led to an increase in fraud and data breaches. One of the most common types of fraud is credit card fraud. As a result, e-commerce companies must take measures to prevent fraudulent transactions from occurring. One such measure is the use of a Credit Card Validation API.
What Is A Credit Card Validation API?
A Credit Card Validation API is a tool that helps e-commerce companies validate the authenticity of credit card information provided by their customers. The API performs a series of checks, including checking if the card number is valid, if the card is active, if it has enough funds, and if the address provided matches the billing address on file. By using a credit card validation API, e-commerce companies can reduce the risk of fraudulent transactions and chargebacks, which can be costly.
In addition to preventing fraud, a credit card validation API can also improve the customer experience. By quickly validating credit card information, customers can complete transactions without delays or errors. This can lead to increased customer satisfaction and loyalty.
Another common issue that e-commerce companies face is the high rate of cart abandonment. Cart abandonment occurs when customers add items to their shopping cart but do not complete the purchase. One of the main reasons for cart abandonment is a cumbersome checkout process. By using a credit card validation API, e-commerce companies can streamline the checkout process, making it easier and faster for customers to complete their purchases.
So, to sum this up, the use of a credit card validation API can help e-commerce companies solve common issues such as fraud, chargebacks, and cart abandonment. By using an API to validate credit card information, companies can reduce the risk of fraudulent transactions, improve the customer experience, and increase sales. With the increasing prevalence of e-commerce, companies need to take measures to protect themselves and their customers. A credit card validation API is one such measure that can help ensure the security and success of e-commerce transactions.
Check Credit Card Validator – BIN Checker API
For e-commerce businesses, ensuring that payment information is accurate and secure is essential to building trust with customers and avoiding fraudulent transactions. The Credit Card Validator – BIN Checker API is an ideal tool for achieving this goal.
By validating credit card information and performing BIN checks in real-time, this API helps businesses minimize the risk of fraudulent activity, ensure timely and accurate payment processing, and improve the overall customer experience.
Additionally, the Credit Card Validator – BIN Checker API can be seamlessly integrated into existing payment systems, making it a simple and efficient solution for businesses of all sizes. If you’re an e-commerce business looking to protect your customers and streamline payment processing, the Credit Card Validator – BIN Checker API is a must-have tool.
So, How Does It Work?
To obtain complete data, the customer needs to send the Bank Identification Number (BIN) or 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 answer in 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 the “START FREE TRIAL” button 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 the “run” button and viewing the results on your screen.
Related Post: Which Is The CC Checker API With More Complete Details?
Also published on Medium.