Bin Master Card Information and Updates

The Bin Master Card is a convenient and secure way to manage your waste disposal. It's a prepaid card that allows you to pay for waste disposal services at participating bins.

This card can be purchased online or at participating retailers, and it's accepted at thousands of bins across the country. You can even track your balance and usage online or through the mobile app.

To use your Bin Master Card, simply insert it into the designated slot on the bin, and the machine will deduct the payment from your balance. This way, you can avoid the hassle of carrying cash or dealing with change.

The Bin Master Card also offers a range of benefits, including discounts and rewards for frequent users. By using the card, you can save money on your waste disposal costs and earn points towards free services.

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MasterCard is now issuing credit and debit cards with a BIN starting with the number 2. This new BIN range is part of their 2-series BINs.

Businesses that accept credit or debit cards must be equipped to accept any MasterCard BIN beginning with a 2 by June 2017. Announced fines for non-accepting merchants will be substantial.

Starting June 30, 2017, MasterCard will conduct field testing to validate 2-series BIN acceptance and enforce compliance.

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Bins by Card Brand are crucial for Mastercard Processing, and understanding how they work can be a game-changer for businesses. The four most common credit cards in the US are Visa, Mastercard, Discover, and American Express, each with its own set of BINs that start with a specific number or set of numbers.

Visa BINs start with the number 4. Mastercard BINs, on the other hand, are a bit more complex, starting with the numbers 51-55, 2221-2720 (New). Discover BINs start with 6011, 622126-622925, 644-649, or 65. American Express BINs start with 34 or 37.

Here's a quick rundown of the BINs by card brand:

If you utilize card type recognition, you'll need to update your program to reflect the new Mastercard BINs to avoid rejecting customer's card details.

MasterCard is now issuing credit and debit cards with a BIN starting with the number 2, specifically 2221 – 2720.

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To accept these new cards, your equipment must be set up properly. Businesses that accept credit or debit cards must be equipped to accept any MasterCard BIN beginning with a 2 by June 2017.

Announced fines for non-accepting merchants will be substantial. The fee schedule for non-compliance is as follows: up to $2,500 per occurrence for the first 30 days, up to $5,000 per occurrence for days 31-60, and so on.

Some equipment, such as Verifone Ruby/Saphire/Topaz without Commander, Gilbarco PX50 or older, and versions of software 10 or less, may not be able to accept the new 2-series BIN cards.

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Bin lists for Mastercard are extensive, with thousands of BINs found across various banks and institutions. Europay France Sas has the most BINs found, with 3538.

Mastercard issues cards directly, in addition to partnering with banks. They issue cards in 220 different Issuer Identification Numbers (IINs).

Some of the top banks with the most BINs found include Jpmorgan Chase Bank, N.a. with 2844 BINs, Mastercard France S.a.s. with 2694 BINs, and Westpac Banking Corporation with 2047 BINs.

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Here's a list of the top 10 banks with the most BINs found:

Mastercard issues credit and debit cards in various countries, including Argentina, Australia, and the United States. They issue cards under different IINs for each country and type of card.

Mastercard has a new BIN range, the 2-series, which includes numbers 2221 – 2720.

This change is significant because it expands the possible starting numbers for a valid Mastercard.

Mastercard previously used BINs starting with numbers from 51 – 55.

Now, you can spot a Mastercard by its new BIN range, making it easier to identify.

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