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What is a BIN in Payment Processing

Clearly Payments

BINs were initially established by the International Organization for Standardization (ISO), which set guidelines to ensure that each card-issuing institution has unique identifying numbers. Over time, BINs have become fundamental to payment processing systems worldwide, supporting a wide range of financial transactions.

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What Is Plaid and Is It Safe to Use? Everything You Need to Know

Payment Savvy

Compliance Plaid adheres to data protection regulations like GDPR and CCPA, as well as financial industry standards such as PCI DSS. Certifications and Policies Plaid offers user control over data sharing, a clear privacy policy, and certifications in recognized security standards like ISO 27001 and ISO 27701.