The Bank Identification Number (BIN) 523240 is issued by PAYRNET PTE LTD in SINGAPORE. This is a MASTERCARD DEBIT card with PREPAID RELOADABLE 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 523240, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PREPAID RELOADABLE), the issuing bank (PAYRNET PTE LTD), and the country of issuance (SINGAPORE). This information is useful for payment processors, merchants, and fraud prevention systems.