The purpose of these rules is to set out the operating rules, participation requirements, and pricing principles of the QR Code Routing System (KYS) established and operated by BKM, as well as other procedures and principles related to the operation of KYS.
These rules cover the rules that Participants and BKM must comply with regarding the carrying of the information contained in the TR QR Code used for card payments, payments made via FAST, mobile payments, and other payments through KYS.
These rules have been prepared pursuant to the second paragraph of Article 7 of the Regulation on the Generation and Use of the TR QR Code in Payment Services, published in the Official Gazette dated 21/8/2020 and numbered 31220.
The details of the related document can be accessed via the link below:
The role of KYS
In order for different payment applications to be able to read the same QR code, the information must be routed to the correct institution. KYS decodes the information in the QR code and determines which payment channel (card, FAST, etc.) the transaction will be routed to.
Participants are required to comply with the system's technical standards and service levels. The pricing principles are also set out in the rules.
It is important for application developers to follow the rules and updates, for the sustainability of the integration.
