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"Payment Processing"

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Check-out button on an online payment screen

Security

What is Check Out?

In online shopping, converting product browsing into a completed sale after a customer visits your site is just as critical. The amount of purchases abandoned due to friction in the online buying process often exceeds successful sales.

Illustration explaining the concept of the first online transaction after a card PIN change

Merchant & POS

What Does First Online Transaction Mean?

In payment systems, an online transaction means the transaction is sent to the card or POS/ATM bank at the moment it occurs, and required checks are obtained from that system. So does every transaction happen online? Of course not. Especially with contactless...

TR Karekod national QR code logo for payments in Turkey

Merchant & POS

The Logo of Our National QR Code, TR Karekod, Has Been Announced

In the world of payment systems, there are new developments every day in both accepting payments and payment methods. QR code payments will undoubtedly become more common in the coming days, and we will make payments with QR codes in many places.

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.

Credit card statement document example

Credit Card

What Is a Credit Card Statement?

There are around 65,000,000 credit cards in Turkey. By design, credit cards work by opening a line of credit, allowing spending against that limit, generating a statement based on spending, and having the customer pay the resulting debt.

Illustration of a credit card showing standard ISO/IEC 7810 and 7811 design features

Credit Card

What is a Credit Card?

A credit card is a printed card, or a card number with no physical form, that allows the purchase of goods and services or cash withdrawal without using cash. So how are credit card limits set and managed? Setting a limit involves checking many parameters about the customer.

Illustration representing credit information sharing among institutions in the Credit Reference System (KRS)

Credit Card

What Is KRS (Credit Reference System)?

The Credit Reference System (KRS) is an information sharing system that, using modern methods, enables detailed information about individual credit product customers to be shared among KKB member institutions, in order to determine the risk factor…