BIN Code 531162

Mercantile Bank, Ltd. in South Africa

BIN / IIN Code 531162 is an Issuer identification number for MERCANTILE BANK, LTD. from Issuing network MASTERCARD. The code is used in South Africa and can be found on a credit card. The type of 531162 is debit, and the card level is PREPAID.

BIN code 531162 Information
BIN / IIN Code 531162
Brand Mastercard
Bank Name Mercantile Bank, Ltd.
Web Site www.mercantile.co.za
Contact Phone 27 11 302 0300
Card Level PREPAID
Card Type debit
Numeric 710
Country Code 27
Country Capital Pretoria
ISO 3166 code ZA
Country South Africa
Currecny Rand (ZAR)
BIN Codes with Issuing network
47808391 (VISA)
54413410 (MASTERCARD)
978257 (VISA)
53035880 (MASTERCARD)
530758 (MASTERCARD)
42811306 (VISA)
42829947 (VISA)
52521406 (MASTERCARD)
53349121 (MASTERCARD)
45921878 (VISA)
510113 (MASTERCARD)
67621047 (MASTERCARD)
57936567 (MASTERCARD)
549755 (MASTERCARD)
53512990 (MASTERCARD)
546488 (MASTERCARD)
433772 (VISA)
53521449 (MASTERCARD)
45562148 (VISA)
474102 (VISA)

What is Credit Card Number and BIN Code?

When you apply a credit card, You will find a digit string on the card. The number is the credit card number, it consists of two parts. The leading 6 digits is the BIN number (Bank Identification Number), also known as the IIN (issuer identification number), the last digit is the Luhn check digit and the remaining card number is your personal account number. Visa and Mastercard are the two most prominent payment processors for credit cards.

Luhn algorithm

The types of credit card includes Business credit cards, Secured credit cards, Prepaid cards and Digital cards. All credit card numbers must pass the Luhn algorithm test. The Luhn formula or Luhn algorithm, also known as the "mod 10" or "modulus 10" algorithm is a simple checksum formula, named after its creator, IBM scientist Hans Peter Luhn, used to validate a variety of identification numbers. It is used in credit card numbers, IMEI numbers and many ID numbers like Israel ID Numbers, Greek Social Security Numbers (ΑΜΚΑ), Canadian Social Insurance Numbers and National Provider Identifier numbers in the United States even survey codes appearing on Taco Bell, McDonald's and Tractor Supply Co. receipts.