Why is it important to validate our transactions? The answer is clear even to a child. Let’s follow together to find the best way-
A debit card is a financial instrument linked to a bank account that allows you to work with your bank (check your balance, deposit or withdraw cash, pay for services, send money transfers, and other transactions) or make various payments using an ATM. place.
Strong authentication is a method used to make electronic payments more secure. This is a multi-factor authentication that proves we are the owner of the bank account to be used for financial transactions while reducing the risk of fraud.
Unlike debit cards, credit cards offer more security, as most of them have fraud insurance, so you are protected in case of loss and recover the amount promised.
But, What is an API?
API stands for Application Programming Interface. It is a set of rules and protocols that allow two applications to communicate with each other. APIs are used to allow two different applications to exchange data, such as customer or transaction information. APIs can also be used to access databases or other web services.
The BIN checker API of our choice is located in the famous ZylaLabs API Center.
How does a Credit Card Verification API help improve transaction verification?
The Credit Card Verification API – BIN checker API can help improve transaction verification in several ways. First, it can help reduce the manual testing of each processing time. This is because the API can be used to secure customer information and payment information. In addition, APIs can be used to detect fraud and protect customers from unauthorized transactions. Finally, companies can use APIs to ensure the secure processing of all transactions and the security of customer data.
What are the most common use cases of this API?
This API is ideal for those who are wanting to implement a payments gateway on their pages. This API will help those purposes because it will recognize if the card is invalid.
This is also helpful to recognize the issuing bank or entity. So if you have special offers with a specific bank you will be able to authorize the transaction or not.
To get full information about this BIN/IIN in JSON format, enter the first 6 digits of the credit/debit card which is the BIN (Bank Identification Number). You will be informed about the validity period of the card, regardless of whether it is Visa or MasterCard, which bank issued the card, and where it was issued.
To use it, you must first:
1. Go to Credit Card Validator – BIN Checker API and click on the “Register for free” button to start using the API. 2- You will receive your API key after registering in the Zyla API Center – with this unique combination of numbers and letters, you will be able to use, connect to and manage the API!
3- Use different API endpoints depending on what you are looking for. 4- After specifying the required endpoints, press the “Execute” button to make the API call and see the result on the screen.
