The Bank Identification Number (BIN) 542935 is issued by BANQI INSTITUICAO DE PAGAMENTO in BRAZIL. 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 542935, 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 (BANQI INSTITUICAO DE PAGAMENTO), and the country of issuance (BRAZIL). This information is useful for payment processors, merchants, and fraud prevention systems.