EMV
What Is Pin Change/Unblock?
The Pin Change/Unblock command is used after card issuance to let the issuer remove a card's PIN block, or instantly change the reference PIN and remove its block, as well.
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"ATM"
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Credit Card
What Is PIN (Personal Identification Number) Try Counter?
The PIN Try Counter is a value stored on the card's chip showing the number of remaining offline PIN attempts. Each incorrect offline PIN entry decreases it by 1, and it resets when the correct PIN is entered.
Merchant & POS
What are Visa ADVT & VpTT and MasterCard M-TIP?
In order for a bank's POS devices to process transactions with payment scheme cards (Visa, MasterCard, Troy, etc.), they must pass certain test and control steps. Visa and MasterCard have test tools that include test cards and test scenarios for this purpose…
Credit Card
Standards that define credit card design and operation
When payment systems come to mind, credit cards are usually the first thing people think of. Credit cards are produced according to specific standards, both in visual design and during printing. These standards belong to the ISO/IEC 781X family.
Credit Card
What Is a Card-to-Card Money Transfer?
Card-to-Card Money Transfer (CCMT) lets customers send money 24/7 from a credit, debit, or prepaid card to another card via ATM, internet banking, call center, or mobile app.
ATM
Withdrawing Cash with a QR Code
With the advancement of technology, cash withdrawal methods have also diversified. The latest trend is withdrawing cash with a QR code. By generating a QR code through the mobile branch app of a bank that supports this feature, customers can withdraw cash from an ATM without a card.
Online & Authorization
How does the international transaction flow work?
When a card transaction is made abroad, banks usually calculate the cost from a percentage commission, a fixed commission, and an exchange rate margin. The flow starts when the customer requests a cash withdrawal at a foreign ATM.
Credit Card
What is Track 1?
Track 1 is a special data set encoded on a card's magnetic stripe that contains the card information required for authorization when the card is used physically. It includes the cardholder name, card number, and expiration date.
Credit Card
What Happens When a Product Is Launched Under a New BIN?
When banks launch a new card product, they can do it under an existing BIN or a new one. A new BIN requires much more work: BKM announces it, every bank defines it and every POS has to download it.
Credit Card
Through Which Channels Can I Request a Credit Card Limit Increase?
Banks welcome limit increase requests from customers with regular payments and a steady income, and they analyze each request in detail. Here are the channels you can use to submit one.
Credit Card
How is limit management done in banks?
In transactions carried out through banks, a certain limit is set due to the rules and requirements of institutions such as the BRSA (BDDK) and MASAK, as well as the measures banks take to reduce risk, and transactions above this limit are not approved. In the world of payment systems…
Credit Card
What Should I Do If My Card Details Are Copied?
Card copying usually happens with magnetic stripe debit cards. As soon as you notice your card details have been copied, you can close the card, renew it or change its PIN.