What is a Credit Card?
A credit card allows anyone to borrow money from your bank instantly. You can almost buy anything with a credit card well as long as the store accepts it. Buy anything you want as long as you do not exceed your credit limit. Of course, these borrowed amount comes with interest. At the end of the month you should pay the principal amount if not you will have to pay the principal together with the interest after the due date.
How generates credit cards?
Anyone can generate their own credit card as long as you follow the formula on doing it. We have luhn algorithm which basically checks the validity of the credit card number. A credit card number consists of a prefix which is the Major Industry Identifier, the 6-digit Issuer identification number and the 7 to final digits as Personal Account Number. Credit card generated should be validated using Mod10 algorithm to avoid errors.
What is CVV?
CVV stands for Card Verification Value which is located at the back of your card. It consists of 3 digit code if you are showing your credit card to the public make sure you hide this codes. These security codes is required if making payments online. CVV sample using the image below.
What do you mean by a Valid Credit Card?
When we say Valid credit card number we are simply saying that the credit card number generated are valid ones because they follow all the rule formula to acquire a credit card number just like an actual credit card number but you should take in mind that only the 16-digit credit card numbers are valid the other data generated together with it such as the name, address, expiration date, credit limit and etc. are completely random details which do not hold any real value.
What is Luhn Algorithm or Mod 10?
The Luhn algorithm or Luhn formula, also known as the "modulus 10" or "mod 10" algorithm, is a simple checksum formula used to validate a variety of identification numbers, such as credit card numbers, IMEI numbers, National Provider Identifier numbers in the United States, Canadian Social Insurance Numbers, Israel ID Numbers and Greek Social Security Numbers (ΑΜΚΑ). It was created by IBM scientist Hans Peter Luhn and described in U.S. Patent No. 2,950,048, filed on January 6, 1954, and granted on August 23, 1960. [source:wikipedia]
Assume an example of an account number "7992739871" that will have a check digit added, making it of the form 7992739871x:
The sum of all the digits in the third row is 67+x.
The check digit (x) is obtained by computing the sum of the non-check digits then computing 9 times that value modulo 10 (in equation form, ((67 × 9) mod 10)). In algorithm form:
- Compute the sum of the non-check digits (67).
- Multiply by 9 (603).
- The units digit (3) is the check digit. Thus, x=3.
(Alternative method) The check digit (x) is obtained by computing the sum of the other digits (third row) then subtracting the units digit from 10 (67 => Units digit 7; 10 − 7 = check digit 3). In algorithm form:
- Compute the sum of the non-check digits (67).
- Take the units digit (7).
- Subtract the units digit from 10.
- The result (3) is the check digit. In case the sum of digits ends in 0 then 0 is the check digit.
This makes the full account number read 79927398713.
Which is the best credit card company?
If you are looking for the best credit card company probably because you are simply looking for a credit card company or a banking institution that gives a very low insterest rate plus the other perks like points on every purchases. On this day of modern banking there are tons of banks that offers the tremendous promos but at the end of the day you will simply need to pay your used credits in worst case together with the high interests..
What's the use of these credit card numbers?
All credit card numbers generated from Home are completely valid credit card numbers generated along with Name, Country origin, Expiration Date and security details such as CVV/CVV2. However, all the provided details are DO NOT HOLD any real value. They are completely random and 100% fake! You cannot use the credit card generated on making actual online payments since the CVV and card number cannot be integrated as a one. And merchants will perform a series of validations to check the credit card entered if they are valid ones. Since these credit cards do not have any real value you simply cannot do that.
However, you can use these credit card details if you do not want to disclose your real credit card information if you are checking out products on certain websties that requires you to enter your financial details. Because we believe asking for such sensitive information does not really matter if you are just checking the product out unless you really intended to buy the product.
Can I buy something using these credit cards?
No! Credit card generated do not hold any real value. They are completely made up and random. Unless you are using it for verification purposes then it could be used for that. Otherwise, it's a big no. You can still try though.
If you came across an interesting product online wanted to check it out but the website owner wanted your credit card details which you kind of hesitant since you only wanted to check it out and you do not actually want to buy it then you know why this website is for. We believe acquiring such sensitive finanacial details wont be needed. Giving up such details is like giving up your privacy to website owners that you don't actually want to buy from. Credit card generated from this website do not work like an actual credit card these cards are simply for data testing and or verification purposes they do not have an actual real world value.