Issuer Identification Quantity IIN Definition

All credit and debit playing cards have numbers printed on them (usually 16 digits). Accordingly, the service provider consultant one hundred fifty may enter a verification command into the merchant laptop a hundred and forty, the merchant computer 140 may ship a response message to the entry machine one hundred thirty, or the service provider pc one hundred forty may affirm that the transaction is verified via another appropriate manner.

For instance, the cost processing network may "push" an updated copy of the central issuer listing to access gadgets (e.g., POS devices) that are linked to the transaction system, the POS gadgets might periodically (e.g., once every week) request updates to the offline issuer directory 131 , or the up to date central issuer directory file may be downloaded onto the POS system 130 earlier than every transaction.

As such, the issuer info that will be returned utilizing embodiments of the present invention could notify the service provider consultant accepting this card that the issuer name 502(A) displayed on the cardboard face (e.g. If you cherished this article so you would like to collect more info about american express bin checker generously visit our own website. , "ABCWorld Bank") does not match the issuer name related to the encoded account data and thus, the cardboard may be counterfeit and must be investigated further.

The transaction data could also be saved on a magnetic stripe on a transportable gadget 120 or by some other appropriate manner (e.g., chip card, NFC communications transmission from a secure ingredient, and so forth.). During the swiping of the transportable device 120, the service provider representative one hundred fifty could have entry to the transportable machine one hundred twenty (e.g., card) so that it's simply recognizable what issuer is displayed on the face (or elsewhere) of the card.

The issuer directory 171 could also be connected through any communication medium together with either a closed or proprietary transaction processing communication community, open communication community (e.g., the web, a telecommunications community, etc.), quick vary communications community (e.g., Bluetooth, NFC, and so forth.), or some other appropriate communications network.