Do you need to know how to use an API to validate credit cards in real time? Continue reading and know everything about it!
Since the introduction of the credit card, payment technology has advanced significantly. Because of the growing popularity of online shopping, the use of credit cards as a form of mobile payment has increased in recent years. To stay up, businesses are constantly expanding their payment choices for customers, as is card verification.
What Is The Definition Of Credit Card Verification API?
If you work in e-commerce, you are probably aware of the significance of credit card validation API. And if you work with Service Objects, you may be familiar with our DOTS BIN Validation service, which helps you prevent fraud by validating incoming credit card numbers.
There is, after all, no single “best” strategy to credit card validation. If you take a severe approach to flagging questionable cards, you may lose a lot of revenue (while still dealing with fraud issues). If you try to increase your sales by relaxing your company regulations, you may be eaten alive by fraudulent transactions and chargebacks, or you may lose your merchant account and your ability to do business. Knowing your company’s needs and your options are the keys to becoming an informed and secure credit card processing merchant.
How Can You Avoid Fraud And Validate Credit Card?
An API to validate credit card allows you to determine whether or not a credit card is legitimate. Furthermore, it offers charge card information such as the number, expiration date, and issuer. This information can be used to validate a charge card before proceeding with a transaction. This can aid in the prevention of fraudulent transactions.
Which API Is The Most Effective?
There are various APIs available to help you determine whether a credit card is valid. Credit Card Validator – BIN Checker API is one of the best options because it provides a quick and easy way to evaluate whether or not a charge card is valid.
How To Use It
You will not have to waste time manually searching for or requesting this information from banks. With Credit Card Validator – BIN Checker API, you’ll get all the information you need in seconds!
Functions
- 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 boost transaction acceptance rates by ensuring that the credit card information provided by the consumer 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 irritating and expensive for both customers and businesses.