BinBase.com BIN Database

You use BINs on a daily basis — every time you make a purchase or make a sale, whether it involves a credit card, a debit card, or a prepaid gift card. The Bank Identification Number (BIN) is the first six digits on a bank card; it identifies the bank, or the issuer of that card.

The benefits for your business that BIN database security from the BinBase.com gives to you is the protection from chargebacks and any related fees. The chargeback fees make a lot of trouble to the businesses as these fees can easily get to $30 USD per transaction. To make things even worse, if there are many chargebacks, you will be given even bigger fees and a record of multiple card frauds. This will either make you pay a lot of money on each transaction or it will result with your account termination.

Protect against chargebacks:

Credit card companies typically limit their customers' liability to just $50USD. To encourage credit card usage, though, some companies even offer no-liability accounts. If a cardholder claims a transaction was fraudulent, you can be liable for a sizeable chargeback fee.E-commerce merchants worldwide pay millions of dollars in chargeback fees. Using the BinBase.com database mitigates the factors of card fraud and expensive chargebacks.
If your customer accuses you for invalid charge your account is immediately under the suspicious eye of the company or bank that gave that card.
If you are running a business that is either payment gateway or that processes the payments you will not want to risk your money especially in the times when online frauds are increasing and are followed with expensive chargeback. This is the reason why you should protect your hardly earned money with the help of our BIN database.

Reliable data:
Try our online demo here: http://www.binbase.com/search.html Companies that are looking to prevent fraudulent actions appreciate the benefits that are provided to them by using our database, all because of the protection and high security it provides combined with the accurate data. If your company offers collections services you will be very satisfied as the benefits of our database are very clear.
If you are looking to have ATMs or kiosks you will be able to increase the security and protect yourself against frauds with the benefits of our BIN database. Our database records are above of the other available database or bin list alternatives as we have double checked database records and if any uncertain information presents itself we will not publish it, but investigate it. This is what happens when you have professionals that take care to have 100% BIN to country matching.

Getting fraud risks to the minimum:
To get the risks of frauds to the minimum, protecting yourself and your balance you can use any of the available fraud prevention systems like credit card verification, identity substantiation or transaction authorization.
Some of the available fraud prevention systems will help you to protect yourself and the BIN database is considered as one of the best ones available for that job. Even though it has great results you should use BIN database by implementing it into your own verification system. With BIN database from BinBase.com you will be able to confirm that the cardholder is a valid customer. You will also be able to flag as well as to see high-risk credit cards while being able to cross-reference information from different cards. Our database is organized in a manner to have every record packed with 11 different semicolon separated fields. For you this means that there is an information needed to identify prepaid, credit, debit and any other type of cards. Currently we have 157309 complete records in our BIN database with none of them missing country field, which makes this most up to date BIN database and the most useful bin checker as well.

Mitigating fraud:
There are quite a few systems that will help you to protect yourself from the card frauds, but a BIN database has proven itself as the best one when looking for the most effective tools out there. With our BIN database you will be able to cross-check credit card info in order to see if the card can be charged. This will help you to save both your time and money simply by eliminating the risks of card frauds.

Ease of use:
The BinBase.com BIN database is easy to implement for many reasons, one of them is the full ISO obedient form it is made in. From 11 fields in one of our records 4 of them are ISO fields: the 'country name', 'country code A2', 'country code A3', as well as the 'country number' field. The records are also using a strict 11 column definition which gives you the option to quickly and easily go through it by using any programming language of your choice.
The BinBase.com BIN database is the database to go for if you want the most accurate database available over the internet as other available databases do not come close to the quality and quantity of the information we have.

No per-transaction fees:
We tend to look what our customers need and want and that is why you are given the tools needed for you to create your own system while in the same time we are not limiting you by the time nor charging you per transaction you need verification for.

The cheaper is always more expensive:
You can view a sample record from our database here: http://www.binbase.com/structure.html We are as affordable as possible while having in mind our quality and quantity of information. This makes us the best on the market, but not the cheapest ones if only looked by the price. If you look at the entire package with BinBase.com, BIN database you will get is much more than what you have paid for.

How is it all done?
The database created by us holds so much information, because we get our information from the various financial institutions, banks, and online card payment processors. We get complete information from them and we stay in contact to be able to keep our database up to date as much as possible.

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