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Chart of the effects of credit card usage on inflation

Credit Card

Does Credit Card Usage Increase Inflation?

The effect of credit cards on inflation has been debated for years. Because I am asked about it so often, I ran a poll on arifunal.com to gather readers' views. This post weighs the positive and negative effects and compares the poll with the research findings.

Diagram of an ATM shutter mechanism for cash deposit and withdrawal

ATM

What is an ATM Shutter?

The shutter can be described as the gate mechanism that prevents financial loss during ATM cash deposit and withdrawal transactions by controlling customer access to cash and preventing tampering with the ATM system.

Diagram illustrating how a recycle ATM reuses deposited banknotes for withdrawals

ATM

What is a Recycle ATM?

ATM devices were originally designed for customers to withdraw cash from their accounts. But since many transactions are now possible through ATMs (for example, deposits), many improvements have been made for more effective ATM use. One of the most important examples is Recycle ATMs.

ATM dispenser unit showing cash cassettes

ATM

What is a Dispenser?

A dispenser is a part of the ATM. It contains cassettes where cash is loaded; these cassettes are configured during ATM installation. Based on the defined denomination, cash is loaded so the ATM can dispense that type to customers. Does every ATM have a dispenser?

Exterior of the Takasbank headquarters building

Payment Systems

What is Takasbank?

Takasbank (Istanbul Settlement and Custody Bank) exists to increase the competitiveness of Turkey's markets by providing clearing and custody services, financial services, and other economic activities under the relevant legislation.

Illustration representing the advantages and disadvantages of credit cards

Credit Card

What Are the Advantages and Disadvantages of a Credit Card?

Credit cards can be a convenient way to manage income and expenses, but for those who don't know how to use them, they can become an expensive and risky product. Here are the key pros and cons to weigh before applying for one.

Apple Card and Apple Pay announcement graphic from Apple's Special Event

Credit Card

Apple Is Rewriting the Card World...

Most of us remember the impact the first iPhone, introduced by Steve Jobs on January 9, 2007 and revolutionary for its time, had on our lives. In a similar way, a product that will completely change how we use and view credit cards...

Diagram explaining the ATM reject bin where unaccepted banknotes are deposited

ATM

What Is Reject (the Reject Bin)?

It's a term used in ATM systems within payment systems. In ATM transactions, cash in question is placed into a separate compartment for review, called the reject bin. Retract is the customer's holding bin; reject is the ATM's reject bin.