BinBase Introduces Gambling Blocked BIN Intelligence to Protect iGaming Merchants from Hard Declines and Processor Penalties
BinBase launches GAMBLING_BLOCKED dataset to help iGaming merchants avoid hard declines and penalties by identifying restricted card issuers.Summary
BinBase, a global payment card intelligence provider, has released a new GAMBLING_BLOCKED dataset feature designed for the iGaming, betting, and lottery sectors. This module provides merchants, payment gateways, and PSPs with intelligence on card issuers that restrict gambling-related transactions. When transactions are processed through cards from banks with strict gambling prohibitions, they result in hard declines, wasted gateway fees, and high dispute ratios. The new GAMBLING_BLOCKED parameter (TRUE/FALSE) allows checkout systems to instantly identify restricted BINs. By proactively hiding unsupported payment methods or prompting users for alternative funding before submission, platforms can eliminate unnecessary processing friction and protect merchant accounts from penalty rates. For integration details, BinBase offers a Gambling Blocked Guide.
(Source：Prweb)