What The Numbers In A Credit Card Number Represent

The numbers on your credit card are not just a string of numbers but each digit actually holds meaning and more importantly a purpose. Every credit card has a particular set of 16 digit number and each number has a purpose or meaning. The first number on the card is called the MII or Major Industry Identifier which is basically the industry category which provided the card.

Here is the list of MII:

  • Airlines
  • Airlines and Other Industries
  • Banking and Finance Mastercard
  • Banking and Finance VISA
  • Banking and Merchandising
  • ISO and Other Industries
  • National Assignment
  • Petroleum
  • Telecommunications and Other Industries
  • Travels and Entertainment American Express or Food Club

Issuer Identification Number
The Issuer Identification Number or IIN is the first six numbers in the card which can identify the institution which issued the card. VISA cards begin with 4xx while the MasterCard starts with 51-55 which is the prefix.

After the 6 digits IIN is the unique bank account number which is basically the number assigned to the account. Fake credit card numbers derived from snurl.com which can be used for test purposes will also contain 16 digits similar to the real credit card. However, these credit card numbers which are generated cannot be used to make any transactions since the numbers will not be validated by the system.

Card Verification
The CVV which stands for card verification value or also referred to as the CSC or card security code are the 3 to 4 digits found at the back of the card. The CVV is an essential part of any credit card since it will be required by the payment systems like VISA or MasterCard as a form of validation or authentication.

Always make sure to keep your credit card information secured and sign your card as soon as you receive it for further security.

You Can’t Do Much Of Anything Anymore Without A Credit Card

Shopping for anything you want can be less stressful if you’ll consider purchasing from online stores. As you can see, most people prefer shopping online rather than going to malls for them to save time, effort, and money. Shopping online keeps you away from the hassles of traffic as well as dealing with a bad weather. One of the things you need to enjoy online shopping is a credit card that you will use to pay what you have purchased.

The Importance of Using Credit Cards

People nowadays enjoy shopping because they don’t have to go out of the house to get what they want. All they have to do is to go online, look for websites where they can purchase the products, and wait the product to be delivered on time. Making payments online doesn’t is also fast and convenient because you only need to use your credit card and the amount will be deducted from your account. On the other hand, online stores also need to be aware of the fact that people can possibly generate credit card numbers for free or get one when they visit snurl. This is the reason why online stores require verification to know if the card number is real or not.

There are lots of advantages that consumers get when using credit cards when shopping online such as the following.

  • There are credit cards that could offer you points when using it for your purchase online that could give you rewards.
  • You can be able to dispute a transaction if ever that the item you have purchased was not delivered to you.
  • It makes it easier for you to pay for the products and get it as quickly as possible.
  • It is easier to deal with a stolen card number that losing the real card.