A Credit Card Validator is a digital tool that checks the validity of a credit card number using a specific algorithm called the Luhn Algorithm. This algorithm is used to verify the integrity of credit card numbers and help prevent errors and fraud.
Consider the credit card number 49927398716.
- Double-Digit Sum:
- 6 * 2 = 12 → 1 + 2 = 3
- 1 * 2 = 2
- 7 * 2 = 14 → 1 + 4 = 5
- 9 * 2 = 18 → 1 + 8 = 9
- 3 * 2 = 6
- 7 * 2 = 14 → 1 + 4 = 5
- 2 * 2 = 4
- 9 * 2 = 18 → 1 + 8 = 9
- 4 * 2 = 8
- Sum Calculation: 3 + 2 + 5 + 9 + 6 + 5 + 4 + 9 + 8 = 51
- Modulus 10 Check: 51 is not divisible by 10, so the credit card number is invalid.
Credit Card Validators are used to:
- Prevent Fraud: By verifying the validity of credit card numbers, they help reduce fraudulent transactions.
- Improve Data Quality: Ensuring that credit card information is accurate and error-free.
- Enhance Security: Protecting sensitive financial information.