Credit card has become a very popular means of making payments in virtually all parts of the world. Both online and offline businesses are using it to get paid for their goods and services. Many people prefer using it because of the ease-of-use it offers them. With it, you don’t have to move about with your cash and thus, it makes you less vulnerable to rogues and pickpockets roaming around the streets. However, there is always another side to every coin. Many people have lost their money through credit cards. Credit card fraud is on the increase today. Efforts are being made to curtail or stop it completely. One of the latest software introduced to help merchants discover fraudulent transactions with credit cards or to discover fake credit cards is the credit card checker.

If you are receiving payment with credit card, you should consider using this tool as it will give you some benefits. But what is credit card checker and how does it differ from other similar tools like BIN checker? Read on to know more.

What’s Credit Card Checker?

Credit card checker is newly introduced software or tool for determining whether a plastic card is valid or not. With this tool, you will be able to check a card’s validity. Though the tool is still new in the market, many businesses have started using it to check the validity of a credit card. The good thing about this tool is that it can be used to check the validity of various kinds of plastic cards of all major brands such as Diner’s Club, American Express, MasterCard, Visa, JCB & Voyager.

The tool comes with a moderate size database which contains over 300,000 of distinct credit card numbers as well as bank identification numbers. The data base is also accurate. But don’t mistake accuracy with perfection. As nothing on earth is perfect, it is also not perfect even though it fines. So, if you are purchasing it don’t have in mind that you’ve gotten a magic wand that you will use to end credit card theft. The tool is designed for the purpose of information only. Put differently, it is designed to provide you with detailed information about a credit/debit card.

Who can use this tool?

Credit card or cc checker can be used by any person who makes or receive payment with the credit card. For businesses, they can use it to analyse a credit and obtain BIN of a card, compare it with the information provided by the clients before approving or validating a transaction. If there is any discrepancy with the data obtained and information provided by a client, it is a sign that something is wrong. Thus, it calls for caution.

What checks will the tool perform?

  • Credit card checker will perform the following checks for you:
  • Luhn Algorithm check for credit card number validity
  • Bank/issuer identification number
  • Personal account number
  • Major industry identifier

Your credit card number contains all these data. Each number in your credit card stands for something.