Skip to content

Search

"Credit Card"

350 articles found

Application fraud and transaction fraud controls

Fraud

What Are the Types of Fraud Controls?

Fraud controls fall into two main types: application fraud controls, which check card and merchant applications, and transaction fraud controls, which monitor card and POS transactions.

Illustration of a digital wallet storing payment card information

Credit Card

What Is a Wallet?

The term 'wallet' has many definitions in payments and fintech. In general, it refers to digital wallets (e-wallets) used in e-commerce, popular because they let users securely store payment information and pay easily.

Illustration of recurring payments and automatic card collection for subscription businesses

Merchant & POS

Key Points to Watch for in Recurring Payments

Winning customers is one of the most important things in business, but keeping them satisfied matters just as much. If you collect payments at regular intervals, such as monthly, these tips will help you improve the success rate of recurring collections.

Illustration representing the BKM Payment Gateway

Payment Systems

What is the BKM Payment Gateway?

BKM Payment Gateway is the general name for platforms that let government institutions accept card payments through BKM as intermediary. For the first time, SGK and e-Government title deed payments can be made with all banking cards.

Illustration showing the consequences of entering an incorrect CVV2 code in an online transaction

Credit Card

What happens if I enter CVV2 incorrectly in my online transactions?

With the advancement of technology, the use of credit cards in online transactions and the variety of payment methods have increased. To make an online transaction with a credit card, you need: Card Number, Expiration Date, and CVV2 (the 3-digit number on the back of the card).

Diagram illustrating how a contactless offline transaction is processed

Merchant & POS

Can a Contactless Offline Transaction Occur?

A contactless offline transaction can occur. If the amount is lower than the floor limit defined on the POS and the card also allows offline authorization, the transaction can be completed offline. Offline transactions are periodically sent by the POS to the acquiring bank.

Diagram illustrating the types of chargeback disputes in card payments

Chargeback

What are the chargeback dispute types?

A chargeback is a dispute raised against a card transaction when the cardholder did not make it or does not recall it. The dispute types vary depending on the situation; let's look at them.

Screenshot of a digital wallet mobile application interface

Credit Card

What is a digital wallet?

A digital wallet is an electronic wallet where credit, debit, or prepaid cards are registered in one place. Cardholders can securely add, store, update, and delete card details, then pay with a single click.

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.

Close-up of a credit card showing the embossed cardholder name

Credit Card

Can the emboss name be printed on a card without limit?

The customer's name and surname printed on credit and debit cards is called the emboss name. But can the name be printed on a card without any limit? There is a defined field for all information printed on a card, and these fields have specific standards.

Illustration of a contactless payment card being tapped on a POS terminal

Contactless

What is Magnetic Stripe Data (MSD)?

As end users, we have come to love contactless payments, which are becoming a bigger part of daily life. So what features let contactless cards make payments without touching the POS terminal? There are two classes: MSD cards and Contactless EMV cards.