Credit Card Bin List Providers That You Should Consider

A credit card bin ranges list can be a real blessing to the health and stability of your business if it is coming from the right location. Unfortunately – and fortunately as well, for that matter – there are a number to choose from. While making a decision on which provider to go with can be tricky, it is also good to know that you have choices. The tough part is in knowing what viable choices exist, and what you can do about them. Two customer favorites that always come up in conversation are Bin2Country and FraudAssets. These companies give you prompt response time, easy to read CSV formatting, and free updates for a certain length of time. Beyond that, how do they measure up in other departments? Read on to find out.

By the numbers.

The credit card bin list that you will find at Bin2Country is not quite as extensive as what FraudAssets delivers. In fact, the differences are significant with FA dealing out more than 353,000 numbers while B2C claims 220,000 (and counting). On the surface, this definitely looks like a win from FA, and it may be, but keep in mind that you may not need as comprehensive of a list as 353,000 depending on the forms of payment that you accept. Before making any decision, weigh features against cost and compare that to your needs in order to determine actual value.

Updates and currency.

The last updates of FA and B2C reveal a half-month difference with FA coming out the winner. However, that’s just one comparison and with it now being April at the time of this writing, you may want to place a call to both services to determine what their procedures are. Ask them what their routines for updating are. Learn their audit procedures for ensuring the currency of their database. If there are delays, find out the reasons behind those delays. Just by interacting with a company and seeing how their response time is, you can tell a lot about the product they are trying to sell. Hold them accountable. The ones that want your business won’t mind it at all.

Search parameters.

Again, learning the business process for accuracy goes a long way in helping you to make an informed and wise decision. With B2C, you get data verification based on the three major comparisons: bin number, issuing country ISO name and A2 code. FA delivers four additional parameters, which include brand, issuing organization, card type (credit, debit, charge), and card category (classic, business, prepaid). Clearly you may not need all of these parameters if your business doesn’t take prepaid, for example, so don’t think more is necessarily better. For your business’s purpose and budget, it could be all wrong. Do your research first.