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Details for the BIN/IIN Code: 629252

Bank Identification Numbers (BINs) are the first 6 to 8 digits of a card number. These numbers are used to identify the issuing bank or financial institution of the card. BINs can be used to verify the validity of a card, to prevent fraudulent activity, and optimize payment routing. The BIN/IIN Code 629252 is issued by INN FOR UNIONPAY CARD NETWORK in SRI LANKA and it is of type DEBIT and brand CHINA UNION PAY. It is categorised as N/A.

BIN Details

BIN 629252
Brand CHINA UNION PAY CHINA UNION PAY
Type DEBIT
Category N/A
Issuer INN FOR UNIONPAY CARD NETWORK
Issuer Phone Number unknown
Issuer URL #

How BIN/IIN Lookup Works

What is BIN/IIN?

BIN (Bank Identification Number) or IIN (Issuer Identification Number) refers to the first six digits of a payment card number. These digits identify the institution that issued the card.

How does BIN/IIN work?

When a customer makes a purchase, the BIN/IIN is used to verify the card issuer. This helps the payment processor determine if the card is valid and if the funds are available.

Why is BIN/IIN important?

BIN/IIN plays a crucial role in fraud detection and prevention. It helps merchants identify potential fraudulent transactions by cross-referencing the BIN/IIN with known fraud patterns.

Can BIN/IIN be used for demographic analysis?

Yes, BIN/IIN can provide insights into demographic data, such as the geographic location of cardholders and the types of cards they use, which can help businesses tailor their offerings.

How to protect against BIN/IIN-related fraud?

To protect against BIN/IIN-related fraud, it’s important to use secure payment methods, regularly monitor card statements, and employ fraud detection tools.

About bin.minsap.com

bin.minsap.com is a trusted and efficient tool for instantly retrieving information about payment cards using the Bank Identification Number (BIN). Whether you’re a developer working on payment integrations, a financial professional conducting security checks, or simply verifying card data, BIN/IIN (bin.minsap.com) provides quick access to key card details like the issuing bank, card type, country of issuance, and more.

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