The Bank Identification Number (BIN) 501011 is issued by ABSA GROUP, LTD. in SOUTH AFRICA. This is a MAESTRO DEBIT card with Unknown level.
BIN (Bank Identification Number), also known as IIN (Issuer Identification Number), refers to the first 6 digits of a payment card number. These digits identify the card-issuing institution, card type, and other attributes used for routing and fraud prevention.
By looking up BIN 501011, you can determine: the card network (MAESTRO), whether it's a credit, debit, or prepaid card (DEBIT), the card level (Unknown), the issuing bank (ABSA GROUP, LTD.), and the country of issuance (SOUTH AFRICA). This information is useful for payment processors, merchants, and fraud prevention systems.