How to Incorporate the Bin Lookup Feature

One of the things that you have to look out for when you are starting an online store is protecting yourself from fraud. Now everyone understands the basics, which means you have to get some type of encryption on your site to ensure that whoever is entering sensitive information does not have to worry about it getting stolen. But what you probably do not know is that you also have to figure out if the information people are entering is genuine and not falsified. For instance, people often enter stolen credit card data to buy items online.

When an instance like this takes place, the person whose card they stole finds a charge many days later on their credit card statement and they see that someone bought an item from them. They are shocked and they move to cancel their card. When the company contacts you, and the delivery address you give is not the one where the person lives, it is easy for the card company to figure out their customer did not make any order, and they will not charge them for the transaction. And you are the one who loses out, not the person who entered false information or had their details stolen.

bin lookup

So what you have to do is make sure you are incorporating some type of bin lookup feature into your site. What the bin searching site does is that it allows you to enter part of the credit card information that is given to you, and then you are able to use the information to see if the issuing bank of the card matches up with the details you are given. For instance, you may see it is a bank that does not even give cards to people in the area from where the person is purporting to have bought your item.