A valid credit card number has several fields and each of them has a meaning. For the technically inclined, this number complies to the ISO 7812 numbering standard. An contains a six-digit issuer identification number (IIN), an individual account identification number, and a single digit checksum.
The credit card numbers you generate on this page are completely random. When we say they are valid, we merely imply that they are a possible combination of characters which will validate when passed through the MOD 10 algorithm. You can also generate valid credit card numbers for specific Issuing Networks by utilising their particular prefixes. However, we do not provide you (obviously) with the correspondent verification code for these cards, as they are completely fake and made up randomly.
If you've ever found yourself trying to try a product online which required a credit card, even when you just want to take a look, you know why we made this. We believe there's no need to share such information with providers without the actual intent to buy stuff. Anyone can make a website with a form and require you to insert valuable and sensitive information which requires you to give up your privacy. This is a way to protect yourself in such situations.
The other reason we made this are programmers testing ecommerce websites, applications or other software. They usually need lots of fake data, and this is a very easy way to generate a bunch of valid credit card numbers in a split second. There's another tool for those times when you need to generate all other kinds of data.
63 1 Executive Summary and Recommendations Creditors consider a wide variety of information in managing and assessing credit risk and account profitability. Over the past year or so, concerns have been raised about the types of information some creditors may consider when setting and adjusting credit terms on credit cards they issue to consumers.www.federalreserve.gov
*See rates, rewards, FICO® Credit Score terms & other info by clicking “Apply.”(Will launch in a new browser window). * See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty.www.creditkarma.com
Perhaps even more importantly, new generations of credit cards will carry integrated computer chips, containing a variety of useful information.Legislation enacted in 2009 (and effective in 2010) imposed restrictions on credit card companies, including restricting how they could raise interest rates and placing limits on the issuing of cards to persons under 21 years of age, and attempted to make credit card bills clearer and more informative.www.encyclopedia.com