DOTS BIN Validation

DOTS BIN Validation is a programmable, XML Web Service hosted by Service Objects and used by online businesses to integrate credit card and location validation into their online software applications and business processes. By using DOTS BIN ValidationSM, companies can improve business results through better resolution of credit card information, reduced charge-backs, and fraud prevention.

A Bank Identification Number (BIN) is the first six digits of the numbers on various financial cards. These digits identify which network the card belongs to, as well as which financial organization issued it, the country of issue, and the card type. Online merchants use DOTS BIN Validation to help validate credit card transactions. For example, if the credit card's BIN indicates a bank in one country, while the customer's billing address is in another, the transaction may call for extra scrutiny before approval. Additionally, merchants can use DOTS BIN Validation to determine card type, such as a credit, debt, or prepaid card. Orders using prepaid cards are 3 times more likely to rate of fraud. Similarly, International orders (outside of US and Canada) are also 3 times more likely to be fraudulent. The countries that are most likely to originate a fraudulent order are: Nigeria, Indonesia, Russia and China. Many merchants use the prepaid flag and county of issue flag to alert them when suspicious order has been placed, so they can either inspect it more closely or simply reject it to be safe.

• Over 150,000 BIN records updated weekly.
• 90% of all MasterCard®, Visa® and American Express® cards in existence.
• Resolve card-type credit, debit, or prepaid.
• Emphasis on prepaid and gift cards commonly used in fraudulent transactions.
• Identify country of issue, bank name, and phone number of issuer.
• Typical response-time of 400mS seconds or less.

By using DOTS BIN Validation in business solutions, companies will improve business results through reduced charge-backs, and better discoverability of fraudulent transactions. Service Objects' DOTS Web Services currently support more than a half-a-million transactions daily for over 1,500 customers. DOTS BIN Validation is a credit card fraud detection service that when used alone or coupled with DOTS Lead Validation, DOTS IP Validation or DOTS Address Validation can reduce and prevent fraud through identifying unusual geographic compinations.

No-cost trial keys for DOTS BIN Validation are only for existing credit card merchants with proven financial history. Due to strict licensing restrictions with this data, we cannot offer it to home-businesses, consultants, or start-ups at this time. Please call us for details.

• Real-time XML Web service interface. Batch also available.
• Service Level Agreement of 99.995%.
• No customer data is retained or stored.
• HTTPS protocol encrypts transactions sent to and from DOTS Web Services.
• Primary and backup data centers on opposite coasts.
• Fully redundant, load-balanced hardware and Internet connections are used.