Skip to content
ENTR

Search

"technology"

141 articles found

Smartphone and Android POS device used as commercial off-the-shelf (COTS) devices for accepting payments

Online & Authorization

What are Commercial Off-the-Shelf Devices (COTS)?

Commercial off-the-shelf (COTS) products and services are ready-made, packaged solutions adapted to a purchasing organization's needs, rather than custom-built ones. In payment systems, COTS includes ready-made payment apps for phones and Android POS devices.

Illustration of a person-to-person (P2P) mobile payment transfer

Credit Card

What is Person-to-Person Payment (P2P)?

Person-to-person payments (P2P) is an online technology that lets users transfer money from their bank or credit card accounts to another person's account over the internet or a mobile phone. Examples of such apps include PayPal, Venmo, and Cash App.

Illustration of a marketplace solution connecting multiple online marketplaces and sellers

E-commerce

What Is a Marketplace Solution?

A marketplace solution is a service offered by software that enables communication and data exchange between different marketplaces. It is a multi-vendor online shopping infrastructure, including the payment system, for listing, searching and buying products and services.

Courier handing a package to a customer for cash-on-delivery payment

Merchant & POS

What Is Cash on Delivery?

Cash on delivery means paying for an online order at the moment of delivery, usually in cash, though some e-commerce sites also accept card payment at the door. It boosts sales and builds trust, but carries risks like missing POS terminals and refused deliveries.

Illustration representing an online marketplace connecting buyers and sellers

E-commerce

What is a marketplace?

A marketplace is an online payment platform where buyers and sellers come together, where products and services are listed for sale, and other operations are facilitated.

Electronic money definition illustration

Payment Institutions & E-Money

What Is Electronic Money?

In general, electronic money is monetary value stored on a protected technological device. Turkish law defines it under Law No. 6493 as electronically stored value issued against funds and accepted by third parties as a means of payment.

One-click checkout by card networks illustration

Credit Card

Card Companies Team Up for “One-Click Payment”

American Express, Discover, Visa and Mastercard have started working together on an infrastructure that lets leading US e-commerce sites accept one-click payments, so shoppers no longer need to type in all their card details.

Manibux prepaid card and allowance app for students and parents

Credit Card

The Era of Card Payments in Schools

Prepaid cards have changed how families manage children's spending. The Manibux allowance app now serves schools with its K12 application, letting parents load separate allowance and canteen balances for their children.

Illustration of an ATM with a voice menu for visually impaired customers

ATM

What Must Banks Do for Visually Impaired Customers?

Banks must provide the infrastructure for ATM access by visually impaired customers. Among ATMs side by side or less than 50 meters apart, only one needs to comply; all other ATMs must serve visually impaired customers. Details of Article 7 are below.