8-digit BIN Industry Change
8-digit BIN Industry Change
The 8-digit BIN industry change is here. Make sure your business is ready.
Why did the payments industry adopt the 8-digit BIN standard?
Why did the payments industry adopt the 8-digit BIN standard?
The International Organization for Standardization (ISO) 8-digit BIN (Bank Identification Number) standard provides additional BINs for future use, allowing the payments industry to continue to innovate and grow well in the future. Visa, in partnership with a diverse group of stakeholders in the payments ecosystem, has expanded the length of Bank Identification Numbers (BINs) on the Visa system from six to eight digits. Since Visa is now only assigning 8-digit BINs for new payment credentials, it is imperative that every part of the payments chain is ready to process 6- and 8-digit BINs.
Impacts of the new 8-digit BIN standard
Impacts of the new 8-digit BIN standard
PCI compliance impacts
PCI compliance impacts
To better understand the implications of the Payment Card Industry Security Standards Council (PCI SSC) requirements and how they may or may not impact the 8-digit BIN standard, we suggest you review this webinar:
Get the full picture on PCI Compliance for 8-digit BINs with the following resources:
Need help?
Need help?
Contact the Visa 8-digit BIN team. We’re ready to assist you.
Need additional support?
Need additional support?
Contact your Visa representative to learn how Visa Consulting and Analytics can help you evaluate your 8-digit BIN strategy.
External Consulting Services
External Consulting Services
We have also partnered with the following firms to provide support for additional consulting engagements. Please contact:
EY Visa Numerics team at [email protected]
Deloitte Consulting Visa Numerics team at [email protected]
EY Visa Numerics team at [email protected]
Deloitte Consulting Visa Numerics team at [email protected]