Do you want to protect your business from fraud and theft? In this article, we’ll tell you how to do it by using an API.

As we all know, the internet is a big place. And it’s getting bigger every day. There are billions of websites and online services that people can use to buy and sell goods, communicate with others, and much more. However, not all of these websites are safe to use. In fact, there are many fraudulent sites that are set up to steal people’s personal information. These sites often use false names and addresses, so it can be difficult to tell them apart from legitimate businesses.

Using a BIN Database Lookup API is an easy and effective way to protect your business from fraud and ensure that your customers’ payments are processed smoothly. It is possible to use it to determine whether or not an IP address belongs to a specific bank or financial institution. This is useful for protecting your business from fraud, as well as blocking IP addresses that have been associated with scams or phishing attacks. You can also use it to block fraudulent transactions and protect your business from financial loss.

The International Organization for Standardization (ISO) first created BINs to identify card issuers that could be used internationally. BINs are utilized by a wide range of businesses today, including retailers, payment processors, and fraud detection programs. The first six to eight digits of a card number are called the bank identification number (BIN). These digits are used to identify the financial institution or bank that issued the card. BINs can be used to confirm a card’s legitimacy, stop fraud, and improve payment routing.

BIN IP Checker

This API is particularly made for online store owners who wish to thoroughly examine the credit/debit card transactions made through their websites. It provides a clear picture of how unsafe the transactions are. However, anyone can use this API on any platform as they choose and within the parameters of their plan. There are plans to suit everyone’s needs, including a free plan for a limited number of requests each day. However, this plan has a rate cap to avoid service abuse.

This API will check both the credit card BIN and the user request IP address. It will check the BIN details against the details of the IP and check if the country of the card BIN matches the country of the IP address. This is very helpful to avoid fraudulent transactions before they even happen. This is an example of the type of response that this API will send to you:

{
"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": {
"name": "UNITED STATES",
"native": "United States",
"flag": "??",
"numeric": "840",
"capital": "Washington, D.C.",
"currency": "USD",
"currency_name": "United States dollar",
"currency_symbol": "$",
"region": "Americas",
"subregion": "Northern America",
"idd": "1",
"alpha2": "US",
"alpha3": "USA",
"language_code": "EN"
}
}
}

How can I employ this Fraud Prevention API? The user will have access to all of the BIN’s details if they merely supply the BIN number. The system will return the whole data of the BIN and the characteristics of the IP address, together with a risk score, if the user enters both the BIN and the IP address of his client.

Will there be a “Pay per Request” option? Of course, you can use it and only pay for it when you actually use it. There is no time limit on the credit. What function will it serve specifically in my project? For practically all programming languages, RapidAPI offers an extensive selection of integration techniques. You can talk to your project using these codes whenever necessary.