BIN 506162 — Lookup & Card Details

Check bank, country, card type, and issuer information for BIN 506162.

What is BIN 506162?

BIN 506162 is on the Verve network.

A Bank Identification Number (BIN, or Issuer Identification Number / IIN) is the first 6 to 8 digits of any payment card. It tells the payment network which institution issued the card, what kind of card it is, and where it was issued. The card runs on the Verve network.

Verve is Africa's largest domestic card scheme, issued primarily in Nigeria with BINs in the 506099–506198 and 650002–650027 ranges.

In practice this prefix is what a checkout sees first — risk engines score it, gateways route on it, and merchants use it to decide whether to accept the card class at all. BIN 506162 is institutional data under the ISO/IEC 7812 standard — looking it up reveals the issuing program, nothing about any cardholder.

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BIN 506162, digit by digit

Each position in a BIN carries defined meaning under ISO/IEC 7812. Here is how the 6 digits of 506162 break down.

5Major Industry Identifier — Banking & financial (Mastercard, Maestro)

0Issuer range digit 2 of the 6-digit prefix

6Issuer range digit 3 of the 6-digit prefix

1Issuer range digit 4 of the 6-digit prefix

6Issuer range digit 5 of the 6-digit prefix

2Issuer range digit 6 of the 6-digit prefix

BIN 506162 — frequently asked questions

Which bank issued BIN 506162?

The live registry lookup doesn't currently return a bank name for BIN 506162. The prefix resolves to the Verve network, and issuer details may appear as registries update — newly issued and virtual ranges often lag.

What card network does BIN 506162 run on?

BIN 506162 runs on the Verve network. Verve is Africa's largest domestic card scheme, issued primarily in Nigeria with BINs in the 506099–506198 and 650002–650027 ranges.

Is it legal to look up BIN 506162?

Yes. BIN 506162 is public infrastructure data under the ISO/IEC 7812 standard — it identifies the issuing program, not any cardholder. No personal or account data is involved in a BIN lookup.

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Related BIN ranges

Browse neighboring BINs — useful when pinpointing a card range.

Lower BINs

506152 506153 506154 506155

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