Unlocking the power of BIN data to enhance payment acceptance decision-making

BIN data is the backbone of smarter, safer payment decisions — but only when it’s accurate and up to date. With the shift to eight-digit BINs and the rapid evolution of the payments ecosystem, outdated or incorrect BIN data can lead to costly errors: false declines, fraud, regulatory breaches, and poor customer experiences.

The good news? Mastercard is helping organizations stay ahead. Through its BIN Lookup API and Certified Partner Program, Mastercard delivers the most reliable, real-time BIN data — empowering merchants, acquirers, and payment service providers to optimize routing, reduce fraud, and improve acceptance rates.

In this whitepaper, you’ll learn:

• Why accurate BIN data is critical for payment routing, fraud prevention, compliance, and customer engagement
• The risks of relying on uncertified third-party BIN data — and the staggering 23–31% error rates found in recent independent research
• How Mastercard’s BIN Lookup API offers flexible, automated access to verified BIN data — updated daily
• What it means to be a Mastercard Certified Partner, and how it unlocks new business opportunities
  Real-world results from organizations using Mastercard BIN data, including a 30% improvement in card labeling accuracy and 90% faster data access