Credit Card
What Is Anti-Skimming?
ATM skimming is a high-tech crime in which illegal devices are used to electronically steal or copy cardholders' personal financial information from a card's magnetic stripe.
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"Card Reader"
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HCE
What Are Transaction-Based (Online/Offline) Token Types?
Token types vary depending on the verification method used in a transaction. In offline transactions, general checks are performed by the mobile app and card reader without any verification in the card system. In online transactions, token verification is sent to and verified by the issuer.
ISO 8583
ISO 8583 Field Descriptions (F61)
F61 - POINT OF SERVICE (POS) DATA: This field provides information about the specific status of the POS at the time of the transaction. Position Usage Attribute 1 POS Terminal Attendance Indicator 0 = Attended terminal (Valid for MasterCard debit card and Maestro transactions only).
ISO 8583
ISO 8583 Field Descriptions (F35)
The card's Track 2 data is carried in this field. Track 2 data contains information such as the card number, expiry date and service code.
Merchant & POS
What is Digital POS?
The digital form of Point of Sale (POS) systems is called Digital POS. There is also a software-only subtype called Virtual POS. After Mobile POS (mPOS) and Virtual POS usage became widespread, the term digital POS came to refer to these two products.
Credit Card
Can Both Chip and Magnetic Stripe Cards Be Issued Under the Same BIN?
It may sound impossible at first, but it is technically possible: a bank can issue chip debit cards under the same BIN as its magnetic stripe cards, with the card scheme's approval.
ATM
What Is an ATM?
ATM stands for Automated Teller Machine, an electronic device that lets customers carry out account transactions with or without a card. It was invented in 1960 by John Shepherd-Barron. The first ATM in Turkey was installed in 1982.
Payment Systems
What is PCI PIN Transaction Security Point of Interaction?
PCI Point of Interaction (POI) was introduced to minimize risk in card transactions. PCI POI Security Requirements cover physical and logical security for both online and offline PIN entry devices (PED) and secure card readers.
Credit Card
What is a biometric credit card?
Technology continues to make our lives easier and more secure. Old ID cards were just laminated paper; new ones became personalized and secure with biometric photos added alongside chip data.
Merchant & POS
How does the cancellation (void) process work on a POS?
Many transactions are carried out with cards on a POS terminal. Sometimes a transaction must be reversed, and cancellation (void) is one such transaction. A Sale can only be cancelled on the POS before the batch (end of day) is closed; otherwise a refund is needed.
Debit Card
Can a debit card (ATM card) be used for contactless transactions?
A contactless transaction is a fast, secure payment made between a chip card and a POS device without direct contact, without the card's chip or magnetic data being read through the card reader. Can this be done with a debit card (ATM card)?
Merchant & POS
What is Chip&Pin?
Chip&Pin, introduced in Turkey on March 31, 2006, is a payment method that greatly reduces the risks of card copying and loss or theft fraud. The chip on the card reduces copying risk, while the 4-digit PIN prevents unauthorized use of a lost card.