MasterCard Support of 8-Digit BIN Standard and Account Range Specifications
Card Present / Card-Not-Present
The Change: MasterCard is reminding acquiring customers and their processors of the recent mandate to support an 8-digit BIN standard and transaction processing using the first 11 digits of the primary account number (PAN).
The Impact: MasterCard issuing customers and their processors are not required to make changes associated with this enhancement, but they are encouraged to follow the new MasterCard acquirer standards.
The Timing: Effective April 2022