Description: bank identification number, Bin database, IIN database, BIN numbers, BIN number
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Businesses searching for a BIN number database will find a variety of options online. Many of these include free and cheap BIN databases which on the surface seem like a great opportunity. Unfortunately, most of these services are plagued with problems that can negatively impact your business. If accurate data is at all important to you, read on.
There’s a commonly used adage; “If you’re not paying, you’re the product”. Running any business has a cost and if a product or service is being offered for free or close to free, it’s a good bet that the true cost is being extracted from you in some other less transparent way. Many free and cheap BIN database sites feature ads, meaning their true source of revenue is not the product you came for, but the ad dollars they earn when you click a banner. Free and cheap BIN search sites can also be used to gather
At BINBase.com our clients are not the product – our records are. Where other service providers cut corners just to have some records to search, we take precise care to keep our records as accurate and up-to-date as possible. Our BIN data is gathered directly from genuine sources – merchants and financial institutions – and every record is cross-checked against multiple data points to assure premium-level accuracy. Additionally, we are one of the only providers that include monthly record updating as a regu