Payment Validation API: Protect Your Company From Fraudulent Credit Cards

Do you need to protect your company from fraudulent credit cards? Here you have the solution for this!

A Payment Validation API is a useful tool for businesses to protect themselves from fraudulent credit cards and ensure the security of their payment transactions. This type of API typically integrates with a payment gateway or processor to perform various checks and verifications on credit card transactions. It helps to validate the authenticity and validity of credit card information provided by customers, reducing the risk of accepting fraudulent payments.

By integrating a Payment Validation API into your payment processing flow, you can significantly reduce the risk of accepting fraudulent credit cards and enhance the security of your transactions. It helps protect your company from financial losses, improves customer trust, and safeguards your reputation.

Here Are Three Common Features And Functionalities Provided By A Payment Validation API:

1. Credit Card Verification: The API can verify the basic details of a credit card, such as the card number, expiration date, and cardholder’s name. It ensures that the information entered matches the format and structure of a valid credit card.
2. Address Verification Service (AVS): AVS is a security feature that compares the billing address provided by the customer with the address on file with the credit card issuer. The API can perform AVS checks to verify that the billing address matches the records, reducing the risk of accepting payments with stolen credit cards.
3. Card Verification Value (CVV) Validation: The API can check the CVV code, a three-digit or four-digit security code on the back of a credit card, to ensure it matches the one associated with the card. This helps validate that the customer has physical possession of the card.

Where To Find It?

There are many APIs available on the market, but not all of them are secure and reliable. So, we advise you to use an API that has been proven to be safe and secure; we suggest using the Credit Card Validator – BIN Checker API. 

This API is available at the reputable API marketplace Zyla API Hub; it’s a reliable and secure API that can help you quickly check if any of the cards in your database are valid or not. It uses state-of-the-art fraud prevention techniques to keep your system secure.

Furthermore, Credit Card Validator – BIN Checker API delivers correct and up-to-date information on all cards in its database, ensuring that you only receive genuine results while using it. You may start defending your business right now by using this simple yet effective API!

How To Use This Payment Validation API

If you want to use Credit Card Validator – BIN Checker API for your worldwide company; you should know that it takes just three steps:
-After this, you will receive an individual API key.
-Then, you can start making calls to any of the APIs available by including your bearer token in the Authorization header.
And that’s all! With these three steps you will be able to start identifying fraudulent transactions with the help of Credit Card Validator – BIN Checker API. 

Endpoint

• CHECK BY BIN

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
    }
  }
}

Developers can enhance their transaction acceptance rates by confirming that the credit card information provided by the customer is accurate and legitimate by using the Credit Card Validator – BIN Checker API. This can assist to reduce the amount of refused transactions, which can be both annoying and costly for users and businesses.