Understanding BIN Ranges and Routing Logic

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A Bank Identification Number (BIN) identifies the card issuer and card type, guiding the routing and authorization of transactions. BIN ranges help networks, processors, and merchants determine where to send a payment request, which network to use, and how to settle the transaction. Proper BIN management ensures efficiency, reduces failed transactions, and supports global acceptance.

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Routing logic determines how transactions flow across networks, taking into account factors like card type, currency, merchant location, and network preferences. Efficient routing ensures faster authorizations, lower fees, and minimal risk of declines or errors.

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Monavate leverages BIN ranges and intelligent routing to optimize payment flows for businesses and fintechs. It manages which cards are used for which networks, ensures transactions are processed efficiently, and provides visibility into routing performance. By integrating BIN intelligence with monitoring and reporting, Monavate enables organizations to control card programs, reduce friction, and maximize reliability across global payment ecosystems.

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