BIN intelligence
BIN intelligence provides detailed insights into card issuing banks and their geographic origins. Cardflo uses this data to inform routing decisions and identify potential fraud risks or regional payment preferences. This intelligence enhances transaction security and optimises payment flow for high-risk and enterprise merchants, supporting informed strategic decisions.
What you get.
- Identify card issuing bank and country of origin
- Detect potential fraud indicators based on BIN data
- Inform smart routing strategies for international transactions
- Segment customer base by card type and issuer
- Enhance compliance with regional payment regulations
- Support data-driven payment strategy development
Common questions.
What data does BIN intelligence provide?
BIN intelligence provides information such as the card's issuing bank, the country of origin, card type (credit, debit, prepaid), and card scheme (Visa, Mastercard, etc.). This data is crucial for risk assessment and optimising routing decisions.
How does BIN intelligence help prevent fraud?
BIN intelligence helps prevent fraud by flagging transactions from high-risk countries or unusual card types based on the BIN. This allows merchants to apply additional scrutiny or route these transactions through more secure channels, reducing fraudulent activities.
Is BIN intelligence integrated with routing rules?
Yes, BIN intelligence is deeply integrated with Cardflo's routing engine. The insights derived from BIN data directly inform and trigger specific routing rules, ensuring that transactions are directed optimally based on the card's characteristics and associated risks or opportunities.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.