The Bank Identification Number (BIN) 516240 is issued by YOU TECHNOLOGIES GROUP (SINGAPORE) PTE. LTD. in SINGAPORE. This is a MASTERCARD DEBIT card with PREPAID PLATINUM 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 516240, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PREPAID PLATINUM), the issuing bank (YOU TECHNOLOGIES GROUP (SINGAPORE) PTE. LTD.), and the country of issuance (SINGAPORE). This information is useful for payment processors, merchants, and fraud prevention systems.