Credit card bin look up providers come in all shapes and sizes, but when considering which is the right fit for your business, you may want to keep in mind the features they offer, such as instant card type verification.
This is just an added value when it comes to ensuring the legitimacy of your credit card transactions and avoiding fraudulent activity. You don't have to be accepting plastic payments long before you realize just how valuable this service is. Nothing is worse than getting a bounce back on your transaction and having to absorb lost product in the process. Too many companies suffer this fate by not having an accurate database in place. And card types matter greatly to picking the right service. Here's why: Quick access to fundsWith prepaid and gift cards, you know the money is there on the card at the time of purchase, and as with debit cards, the transfer is more instantaneous. The quicker cash flows into your business, the better off you are, and having a service that can instantly tell you whether a purchase is credit, debit, gift, or prepaid, goes a long way in giving you the kind of peace of mind you crave for your business. As you consider which service to go with, keep that in mind, and know which services offer these options. Here are a few: BinBaseThis credit card bin look up service specializes in all four card types while delivering extra secure checkpoints, utilizing a total of 11 parameters to determine any card's origin and legitimacy. It's also one of the more affordable options with a respectable database that features more than 234,000 records.ExactBinsExactBins is a smaller player than either of the other two on this list, but they are quickly growing from their 190,000 available records. They're also affordable, and they allow instant verification among all four of the card types that BinBase provides.FraudAssetsThe added interest in FraudAssets comes from the sheer size of database - the company boasts more than 353,000 records, higher than any of its competition. The tradeoff is that it also costs a lot more to go with this provider than the other two, but you're sure to have all the security and information you need with each transaction, and you're not limited in security for the forms of payment that you choose to accept.With all the options out there, it is important to choose one that reveals each aspect of payment processing if you plan on offering use to prepaid, gift, credit, and debit transactions. Consider what it is that your business needs from a credit card bin look up provider, and don't pay for anything that you won't end up using.
A quality credit card bin look up provider will provide you with the best information for the long term survival of your business. With a prepaid credit card bin database, you no longer have to worry about getting stuck with fraudulent transactions. Visit our site to learn more.