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About BIN

Sofia avatar
Written by Sofia
Updated over 9 months ago

What is BIN?

BIN stands for Bank Identification Number, or the first 6-10 digits on a virtual card.

This set of numbers identifies the payment system that issues the card (Visa, Mastercard, etc.), country of the card issuer, and bank that issued the card. The primary purpose is to allow merchants to evaluate and assess payment card transactions.


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