What is a credit card BIN?

on Feb27
credit card BIN
Written by
James Davis
Written by James Davis
Senior Technical Writer at United Thinkers
Author of the Paylosophy blog, a veteran writer, and a stock analyst with extensive knowledge and experience in the financial services industry that allows me to cover the latest payment industry news, developments, and insights. Read more
credit card BIN
Reviewed by
Kathrine Pensatori
Product Specialist at United Thinkers
Product specialist with more than 10 years of experience in the Payment Processing Industry. I help payment facilitators and PSPs solve their various payment processing issues. Read more

CC BIN abbreviation stands for credit card bank identification number. Card BIN includes the first 6 to 9 digits of credit card number. Values of particular digits in BIN of a credit card define various information about the type of the card and its issuing bank. For instance, particular numbers in credit card BINs indicate card association, issuing bank, country of issue, and card type. More detailed information on credit card BIN numbers can be found here.

How can my business take advantage of credit card BINs?

In general, the key advantage of card BINs is that, based on credit card BIN numbers, a business can gain better insights into its customer portfolio. Particularly, a merchant business can find out, which types of cards are used by its customers (credit cards, debit cards, gift or reward cards) and which countries these customers come from. Consequently, for example, most frequently used foreign cards, and issuing banks, whose card transactions result in numerous declines and chargebacks, can be identified. Based on information, “extracted” from credit card BINs, businesses can prevent credit card fraud, plan their credit card processing strategies, and, thus, optimize the process, in order to achieve higher profitability.

How can a business obtain the listing of BIN numbers for credit and debit cards?

There are two ways to get CC BIN numbers. Card BIN databases can be purchased online, from various web-sites. However, new card BIN ranges become utilized fairly often, so there is a common practice of getting those from the acquirers that a business uses for its merchant services. For example, First Data has a file that it can deliver to its respective merchants to get updated card BINs on weekly basis.

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