If you are in need of a tool to help you with your transaction processing, you should consider using this API!
The BIN number is also known as Bank Identification Number, SWIFT ID, and BIC code. It is an alphanumeric code that contains information about the bank and branch where a card was issued, as well as the country where it was issued. The first six digits identify the issuing bank, while the last six identify the specific account or card. The first two digits identify the country where the card was issued.
APIs are technologies that were created with the intention of assisting businesses in improving their performance. These are devices with the capacity to link data from one Software to another. As a result, businesses will be able to get information straight from the API. Therefore, you should use a BIN IP Checker API if you want to start using a trustworthy e-commerce payment solutions service.
E-commerce refers to the activity of purchasing and selling goods and services online. Ecommerce business tactics also include affiliate marketing techniques. You can use ecommerce platforms like your personal website, a well-known retailer like Amazon, or social networking to boost your online sales.
Technology is used by an online store to market and sell products and services to customers. Businesses involved in e-commerce may only be online or they may also have a physical location. Online merchants frequently require a website or digital storefront in addition to a way to receive payments online and deliver goods to clients.
BIN IP Checker
Webmasters that want to carefully review credit/debit card transactions that occur on their websites should use this API, which has been created just for them. It gives a crystal-clear example of how risky the transactions are. However, as long as they abide by the API’s regulations, anyone is free to utilize this API on any platform in accordance with their preferences and the terms of their membership. Everyone is able to find a plan that meets their needs, even one that is free for a set amount of requests every day. To prevent service misuse, this plan does include a rate cap.
This API will confirm both the BIN of the credit card and the user’s IP address who submitted the request. By comparing the BIN and IP information, it will determine if the country of the IP address and the card’s BIN match. This is a great way to stop fraudulent transactions right where they start. An illustration of the kind of response you will receive from this API is as follows:
How can I prevent fraud using this BIN Validation API? If the user enters the BIN number, they will have access to all of the BIN’s information. If the user enters both the BIN and the IP address of his client, the system will provide the whole data of the BIN and the IP address’s properties, along with a risk score.
Will the “Pay per Request” option be available? You can use it and only pay for it when you use it, of course. The credit has no expiration date. What precise function will it serve in my project? RapidAPI provides a wide range of integration methods for almost all programming languages. When necessary, you can communicate with your project using these codes.