BIN 516134
TRANSACT PAYMENTS, LTD. • NETHERLANDS • MASTERCARD
About BIN 516134
BIN 516134 is a MASTERCARD debit card operating on the PREPAID payment network, issued by TRANSACT PAYMENTS, LTD. in NETHERLANDS (NL). 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 516134?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 516134 identifies TRANSACT PAYMENTS, LTD. 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 516134?
BIN 516134 was issued by TRANSACT PAYMENTS, LTD., a financial institution operating in NETHERLANDS.
In which country is BIN 516134 registered?
BIN 516134 is registered in NETHERLANDS (country code: NL). The issuing bank, TRANSACT PAYMENTS, LTD., holds the licence to issue cards under this BIN range in NETHERLANDS. Transactions on these cards typically involve NETHERLANDS-based banking and settlement infrastructure.
Is BIN 516134 a credit, debit, or prepaid card?
BIN 516134 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 516134 use?
BIN 516134 operates on the MASTERCARD payment network using the PREPAID 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 516134?
The primary currency associated with BIN 516134 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in NETHERLANDS. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 516134 pass the Luhn check?
Yes — card numbers beginning with BIN 516134 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.
