We are pleased to inform You that on 23rd of October, 2018, ”J.S.C. Posta Pay” applied for the ISO Issuer Identification Number (‘IIN’) from British Payments Administration Company ”Pay.UK.”.
What is an Issuer Identification Number?
An Issuer Identification Number (IIN) is the first eight digits of the long account number found on the front of a plastic card that complies with the international standard ISO/IEC 7812. This sequence of numbers, which can be up to a maximum of 19 digits, is called the Primary Account Number (PAN).
The purpose of the IIN is to identify the card issuer and informs acquirers and card issuers how to route a transaction. The IIN is used by financial institutions and other companies.