Payment Systems
What Are the Differences Between B2B and B2C?
B2B and B2C are collaboration models used in e-commerce transactions. This post explains what each term means and compares them in terms of customer, purchasing, sales and marketing.
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"Online Store"
72 articles found
Fraud
What is Fraud? What are the Types of Fraud?
With the growth of credit and debit card usage and rising e-commerce transaction volumes, there has been a serious increase in exploiting user negligence to harm customers. Fraud means using someone else's card at a merchant or ATM to gain unjust profit.
Credit Card
What is a prepaid card?
A prepaid card is a customized card, with or without a chip, not linked to a bank account and without a credit limit like credit cards, letting you spend only the amount loaded onto it.
E-commerce
What Is C2C (Consumer-to-Consumer)?
Consumer-to-Consumer (C2C) is a business model in which consumers trade with each other, usually online. This post explains how C2C works, gives examples from Turkiye, and describes the types of C2C businesses.
Merchant & POS
BKM Releases Data for the First 6 Months of 2020
BKM publishes card usage data every three months. In the first half of 2020, card payments reached TL 500 billion, contactless payments tripled, and online card payments surged in the electronics and clothing sectors.
Security
What are HTTP and HTTPS? What are the security differences between them?
When you visit a website, the protocol it supports appears at the left of the web address. Secure data transfers likewise use protocols that support http or https. Let's first take a brief look at what HTTP and HTTPS are.
E-commerce
What is Online Shopping?
Online shopping is a form of e-commerce in which consumers complete purchases over the internet using a credit card/debit card, bank transfer, or cash on delivery.
Online & Authorization
Application Transaction Counter (ATC)
The Application Transaction Counter is the number of transactions made with the card so far. It increases by 1 with each transaction and can also be used as a transaction number, making transactions easier to track.
Merchant & POS
What is a Collection POS?
A Collection POS is a secure, web-based payment platform through which businesses and institutions manage their collections and generate the reports they need. Many similar products exist on the market under different names.
E-commerce
When Is a Return or Refund Valid in E-Commerce Transactions?
Can a product bought online be returned, and under what conditions? This post explains the 14-day right of withdrawal in Turkey and the cases in which Law No. 6502 on Consumer Protection removes the right of return.
Credit Card
Did Someone Say a Numberless Card?
When we think of a credit card, we picture one printed with the Card Number, Cardholder Name, Expiration Date, and CVV2 information. But what if we told you there is a card with no numbers on it at all? It may sound strange at first, but...
Credit Card
What is a Dynamic Card Security Code (CSC)?
It is a CVV2/CVC2 code that changes every few minutes instead of the static code printed on the back of a credit card, aimed at reducing fraud risk in CNP (Card Not Present) transactions.