Are you looking for a tool that can help you strengthen your fraud prevention? You should try this API!
Anyone who works in e-commerce knows that fraud prevention is a constant concern. You need to make sure that your customers are legitimate and that they won’t try to defraud you by making fraudulent purchases.
It can be difficult to detect and prevent fraudulent transactions. Fraud comes in many forms, but they all have one thing in common: they cost businesses billions of dollars each year. Fortunately, there are some steps you may take to protect yourself from fraud. The adoption of a payment gateway that provides fraud detection services is one of the most crucial.
What Is A Payment Gateway?
In addition to these two main functions, a payment gateway also provides other services, such as fraud detection, customer support, and reporting tools.
How Does A Payment Gateway Prevent Fraud?
A payment gateway can help you prevent fraud in a variety of ways. For starters, it can assist you in screening questionable transactions before they are processed. Second, it can aid in the detection of fraudulent transactions after they have occurred. Third, it might assist you in recovering funds that have been taken from you.
A payment gateway can help you prevent fraud in a variety of ways. For starters, it can assist you in screening questionable transactions before they are processed. Second, it can aid in the detection of fraudulent transactions after they have occurred. Third, it might assist you in recovering funds that have been taken from you.
The Credit Card Validator – BIN Checker API is a crucial tool for making transactions more safe and protecting your firm from fraudulent behavior, whether you’re a little business or a huge enterprise.
Why Should You Think About Using This API?
By obtaining information from the bank that issued the card first, Credit Card Validator-BIN Checker API enables you to determine whether cards are issued by reputable businesses. The card number, name, and expiration date are among the additional details it retrieves.
Additionally, this API includes a safe token that can be utilized as a checkout verification code; The customer is able to make safe purchases because this code is sent to their mobile phone.
This data can then be used to handle installments or put away in your data set. The best element of this Programming interface is that it upholds all card types, including VISA and MasterCard.
Endpoint
- CHECK BY BIN
If you use the CHECK BY BIN endpoint, you will receive the following response:
{
"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
}
}
}The Credit Card Validator – BIN Checker API is written in JSON and is simple to incorporate into your website or application. It also supports several languages, allowing you to easily translate the information into your preferred language. You can also alter the look of your payment page to match the image of your company. Let’s give it a shot!