Banking Solutions
BIN lock discount validation consists of verifying and authorizing credit or debit card transactions, ensuring a specific discount is applied only to valid transactions. The BIN (Bank Identification Number), which are the first digits of the card number, identifies the issuing financial institution.
Talk to an ExpertHow It Works
Understand the BIN lock validation flow for each transaction.
BIN Identification
The system extracts the BIN from the card, identifying the issuing bank and card network.
Discount Verification
The system checks if there is a discount available for the identified BIN, applying specific rules for issuers or card types.
Discount Application
If the BIN meets the criteria, the discount is automatically applied to the transaction.
Transaction Authorization
The issuing bank validates the transaction and the applied discount.
Finalization
If approved, the discount is confirmed and applied to the purchase; otherwise, the transaction may be rejected.
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Retain customers and ensure total precision in your promotional campaigns.
Loyalty
Discounts for specific cardholders.
Promotions
Temporary offers for cards from certain banks.
Precision
Ensures discounts are applied only to eligible customers, avoiding errors and fraud.
Loyalty
Offers personalized discounts, improving customer satisfaction and loyalty.
Agile structure ready to connect to your checkout flow.
Payment Integration
To apply discounts according to the BIN.
Rules Definition
Establish which BINs receive a discount.
Authorization
Ensure the discount does not affect the transaction authorization.
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