BIN 506131
INTERSWITCH UGANDA PREPAID CARDS • UGANDA • VERVE
About BIN 506131
BIN 506131 is a VERVE debit card operating on the PREPAID payment network, issued by INTERSWITCH UGANDA PREPAID CARDS in UGANDA (UG). 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 506131?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 506131 identifies INTERSWITCH UGANDA PREPAID CARDS 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 506131?
BIN 506131 was issued by INTERSWITCH UGANDA PREPAID CARDS, a financial institution operating in UGANDA.
In which country is BIN 506131 registered?
BIN 506131 is registered in UGANDA (country code: UG). The issuing bank, INTERSWITCH UGANDA PREPAID CARDS, holds the licence to issue cards under this BIN range in UGANDA. Transactions on these cards typically involve UGANDA-based banking and settlement infrastructure.
Is BIN 506131 a credit, debit, or prepaid card?
BIN 506131 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 506131 use?
BIN 506131 operates on the VERVE payment network using the PREPAID card scheme. This means all transactions made with cards carrying this BIN are routed and processed through VERVE's global payment infrastructure.
What currency is associated with BIN 506131?
The primary currency associated with BIN 506131 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in UGANDA. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 506131 pass the Luhn check?
Yes — card numbers beginning with BIN 506131 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.
