Skip to content

Search

"banking regulation"

137 articles found

Virtual currency versus electronic money

Payment Institutions & E-Money

Are Virtual Currency and Electronic Money the Same?

No. Virtual currency is a digital representation of value not issued by any central bank, credit institution or e-money institution. Electronic money is defined in Turkish law and is tied to an electronic money institution.

Table showing prepaid card loading, spending and cash withdrawal limits

Prepaid Cards

What Are the Transaction Limits for Anonymous Prepaid Cards?

Prepaid cards are among the most popular cards right now, and their use keeps growing. A prepaid card is not linked to a bank account, has no credit limit like a credit card, and can be used up to the amount loaded onto it.

Illustration representing digital payment methods such as cards and mobile wallets

Merchant & POS

What is Digital Payment?

Payments made over the internet are called digital payments. Card payments, cryptocurrency, and online banking transfers all fall within the scope of digital payment, along with mobile wallets and QR code payments.

Illustration of a physician POS (doctor POS) device used in medical practices

Merchant & POS

What is Physician POS (Doctor POS)?

Doctor POS devices are POS terminals designed for physicians, dentists, and veterinarians who are income taxpayers, meeting the requirements set out in the General Communique of the Tax Procedure Law (VUK).