BIN 542024
ACCESBANQUE MADAGASCAR • MADAGASCAR • MASTERCARD
About BIN 542024
BIN 542024 is a MASTERCARD debit card operating on the STANDARD payment network, issued by ACCESBANQUE MADAGASCAR in MADAGASCAR (MG). The default settlement currency for this card is Unknown. This is not a prepaid card — it is linked to a standard bank account or credit facility. Card numbers beginning with this BIN pass the Luhn algorithm validation, confirming they are structurally valid card numbers.
Frequently Asked Questions
What is BIN 542024?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 542024 identifies ACCESBANQUE MADAGASCAR as the issuing institution for cards carrying this prefix. These digits tell payment processors which bank issued the card before the full transaction is initiated.
Which bank issued BIN 542024?
BIN 542024 was issued by ACCESBANQUE MADAGASCAR, a financial institution operating in MADAGASCAR.
In which country is BIN 542024 registered?
BIN 542024 is registered in MADAGASCAR (country code: MG). The issuing bank, ACCESBANQUE MADAGASCAR, holds the licence to issue cards under this BIN range in MADAGASCAR. Transactions on these cards typically involve MADAGASCAR-based banking and settlement infrastructure.
Is BIN 542024 a credit, debit, or prepaid card?
BIN 542024 belongs to the debit card category. This is not a prepaid card, so it is linked to a standard bank account or approved credit facility.
What payment network does BIN 542024 use?
BIN 542024 operates on the MASTERCARD payment network using the STANDARD card scheme. This means all transactions made with cards carrying this BIN are routed and processed through MASTERCARD's global payment infrastructure.
What currency is associated with BIN 542024?
The primary currency associated with BIN 542024 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in MADAGASCAR. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 542024 pass the Luhn check?
Yes — card numbers beginning with BIN 542024 pass the Luhn algorithm. The Luhn algorithm is a standard checksum formula used by payment systems to detect miskeyed or structurally invalid card numbers. A passing result confirms the number range is mathematically valid.
