The Bank Identification Number (BIN) 530553 is issued by PREPAY TECHNOLOGIES LTD in UNITED KINGDOM. This is a MASTERCARD DEBIT card with PREPAID PREFERRED BUSINESS 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 530553, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PREPAID PREFERRED BUSINESS), the issuing bank (PREPAY TECHNOLOGIES LTD), and the country of issuance (UNITED KINGDOM). This information is useful for payment processors, merchants, and fraud prevention systems.