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Conceptual illustration of AI agents engaging in online commerce and payments

Agentic Commerce

Agentic Commerce Series – Part 1

The next customer on the internet may not be human. If AI agents become part of purchasing decisions, the rules of e-commerce, marketing, and payment systems could change.

Example of an EAN-13 barcode number

Courier & Delivery

What is the Barcode Generation Algorithm?

Barcode numbers are essential for the Courier system, since cards are distributed using the barcode number. So does the barcode number have a generation algorithm, or is it just randomly generated? The barcode number does have a generation algorithm.

BKM Central POS Database (MPV) illustration

Merchant & POS

What Is MPV (Central POS Database)?

MPV stands for Merkezi POS Veritabanı (Central POS Database), BKM's shared database of all POS terminals operated by its card-accepting members, used for support, statistics, fraud analysis and the Common POS Management System.

Person entering card details on an online payment page

E-commerce

What is Online Payment?

Making payments over the internet using a card is called online payment. Learn what online payment systems are used for and what happens behind an online transaction, from the payment gateway to the issuing bank.

Amazon Web Services cloud computing illustration

Security

Why Is AWS (Amazon Web Services) Preferred?

The number of companies offering cloud computing and storage has grown sharply in recent years. AWS, founded in 2006, is the world's largest cloud computing and storage provider, ahead of Google Cloud, Microsoft Azure and IBM.

Screenshot of a POS parameter loading screen

Merchant & POS

How is parameter loading done onto a POS?

Loading parameters onto a POS transfers changes made in the POS Management system (authorization, limits, card BIN list, etc.) onto the POS. There are 3 ways to do it.

Diagram illustrating the ISO/IEC 14443 contactless card communication standard

HCE

What Is the ISO/IEC 14443 Standard?

An international standard that defines proximity cards used in Near Field Communication (NFC) and the protocols used to communicate with them. It has 4 parts; Part 4 covers NFC and HCE operations.

Illustration of a surcharge fee added to a card payment transaction

Merchant & POS

What is a surcharge?

A surcharge is a fee, charge, or tax added to the cost of a good or service. In payment systems, it refers to adding the merchant's transaction commission to the cash sale amount on credit card transactions, resulting in a higher charge.

Credit card and economic growth concept illustration

Credit Card

What are the benefits of credit cards to the economy?

Today, as cash use steadily declines and credit card use keeps rising, using credit cards in line with one's income -so to speak, stretching your legs only as far as your blanket reaches- benefits both the cardholder and the country, as well as merchants.

Diagram illustrating the PIN Change/Unblock command process

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.

Credit card statement showing an unrecognized transaction

Credit Card

Is Your Card Making Purchases Without Your Knowledge?

While reviewing your credit card statement, you suddenly notice a transaction you never made. What would you think? Is your card going shopping while you sleep? Let's look at how this can happen and what to do about it.

Diagram illustrating the tokenization and detokenization process for card payments

HCE

What Are Tokenization and Detokenization?

Tokenization generates secure data from a credit card number, using specific algorithms, for use during authorization. In CNP transactions, it removes the risk of storing or compromising the original card number.