The Bank Identification Number (BIN) 516198 is issued by PTRN PTY LTD in AUSTRALIA. This is a MASTERCARD DEBIT card with PREPAID CORPORATE 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 516198, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PREPAID CORPORATE), the issuing bank (PTRN PTY LTD), and the country of issuance (AUSTRALIA). This information is useful for payment processors, merchants, and fraud prevention systems.