Download BIN List In Excel Or Query Using API

The BIN database, also commonly referred to as the Bank Identification Numbers database, is used for card verification. Any credit or debit card that is issued by a bank could have its information captured in the database. The database is then used as a instrument for verification purposes. That’s, the card being used will probably be checked against the information in the database. If found to be correct, the transaction will probably be approved. If discovered to be mistaken, the transaction will probably be rejected instantly.

As you may see, the database can be a very great tool if you are handling on-line transactions. What happens if the card that’s getting used happens to be stolen? With out a BIN listing, you’ll by no means know – till the bank notifies you of a cost back.

A charge back happens when the professional card owner information a dispute with the bank. She or he can declare that the transaction is not licensed (as is the case when a card has been stolen), and that the transaction is fraudulent. The bank is more likely to side with the consumer. When that occurs, the bank points a cost back and the funds are returned to the card owner. The retailer will have to bear the charge back fees. What occurs to the merchandise that has already been despatched out to the customer? The onus is on the retailer to get it back. As you’ll be able to imagine, this job is fraught with difficulties. It’s a route that the majority enterprise homeowners would fairly avoid. Typically, goods can price up to hundreds of dollars per transaction, and the expertise will be extremely painful.

To keep away from such cases, a BIN database might be downloaded and used to prevent card fraud. Traditionally, the database is only available in Excel format. This is a standard database format and most developers would don’t have any problems integrating the database with the back end of an ecommerce website.

But some enterprise owners just don’t desire the effort of having to upgrade the database on an everyday basis. For these enterprise owners, they have one other option. They’ll now ship queries directly to the database by way of a web based API.

The API is a superb answer because business homeowners do not have to take care of the database directly. All updates are handled by the service providers. To use the database, simply ship a request utilizing the API and the service provider will return a response in XML format. It could sound a bit technical at this point, nevertheless it’s actually a neater solution to implement when compared with a database.

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