The Bank Identification Number (BIN) 547289 is issued by MAGYAR TAKAREKSZOVEKEZETI BANK RT. (BANK OF HUNGARIAN SAVINGS COOPERAT in HUNGARY. This is a MASTERCARD DEBIT card with 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 547289, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (BUSINESS), the issuing bank (MAGYAR TAKAREKSZOVEKEZETI BANK RT. (BANK OF HUNGARIAN SAVINGS COOPERAT), and the country of issuance (HUNGARY). This information is useful for payment processors, merchants, and fraud prevention systems.