BIN number is the bank identification code, and its full English name is Bank Identification Number.

BIN is represented by a 6-digit number and appears in the first 6 digits of the card number. It is assigned by the International Organization for Standardization (ISO) to each bank card organization engaged in inter-bank transfer exchange. The card number of a bank card is a number that identifies the card issuer and cardholder information. It consists of the following three parts: the card issuer identification code (BIN number), the card issuer's custom digit, and the verification code.

Generally, there is the following information on the credit card:

Front: name and logo of the card issuing bank, credit card number (organization logo) and holographic anti-counterfeiting mark, card number, English or pinyin name , activation date (generally calculated to month), validity date (generally calculated to month), the latest issued card is equipped with a chip on the front, and the chip account and the card magnetic stripe account are two relatively independent accounts.

Back: Card magnetic stripe, cardholder signature field (must sign after activation), service hotline number, last four digits of the card number or the entire card number (to prevent fraudulent use), credit card security code (on the credit card On the signature line on the back, there are three digits immediately following the last four digits of the card number, which are used for credit card activation, password management, TV, telephone and online transactions, etc.).

Extended information:

Characteristics of credit cards:

It is not encouraged to deposit cash in advance, consume first and repay later. It enjoys an interest-free repayment period and can repay in installments independently. payment (with a minimum repayment amount), and join international credit card organizations such as VISA, Master Card, JCB, etc. for global use.

It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation to a certain extent.

Has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.

It is a high-tech product that integrates financial services and computer technology. It can reduce the use of cash currency, provide settlement services, facilitate shopping and consumption, and enhance a sense of security. It can simplify the collection procedures and save social labor. It can promote product sales and stimulate social demand.

Baidu Encyclopedia-Credit Card