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Illustration of EMV chip card technology used in VSDC and M/Chip-Lite applications

Credit Card

What is VSDC (Visa Smart Debit Credit) and M/Chip-Lite?

EMV chip cards contain a small, powerful microprocessor that provides enhanced security, faster transactions, and support for loyalty programs. VSDC is Visa's chip-based solution; M/Chip-Lite is Mastercard's low-cost equivalent for banks starting their chip migration.

Credit card with a built-in fingerprint sensor for biometric cardholder verification

Credit Card

Who Wouldn't Want a Credit Card with a Biometric Reader?

Card security is critical in card payment systems. Chip&Pin curbed much fraud, but gaps remain. Cornercard, Gemalto and Visa launched Switzerland's first credit card with a built-in fingerprint reader. Here is how it works.

Illustration of a customer completing a payment through an online payment link

Merchant & POS

What Are the Advantages of Paying with an Online Payment Link?

Advances in payment systems make shopping safer and easier for customers. For e-commerce sites and brands, offering reliable, practical and fast payment options is a serious advantage. An online payment link is one innovative way to accept payments without a POS device.

Samsung Pay debit card announcement illustration

Payment Systems

Samsung Pay Debit Card is coming!!!!

Major technology companies' love for payment systems shows no sign of ending; in fact, some are just getting started. Apple, Huawei, and Google had previously announced plans to issue cards. According to new reports, Samsung is joining them.

Logos of various international payment card schemes

Credit Card

What Are National and International Payment Schemes?

In the world of payment systems, just as credit cards are an indispensable product, a payment scheme is indispensable for credit cards. When a credit card product is launched, the scheme it will be issued under is decided first.

Customer collecting an online order at a store counter, illustrating buy online pickup in-store (BOPIS)

E-commerce

What Is BOPIS?

BOPIS, short for 'Buy online pickup in-store' and also known as click and collect, means buying online and picking up the order at a store. Learn how it works, who can offer it and which companies in Turkey already do.

Illustration of AI agents connecting to payment infrastructure through Agentic Commerce Protocol

Payment Systems

What Is Agentic Commerce Protocol? How Does It Work?

Agentic Commerce Protocol (ACP) is a next-generation protocol that lets AI agents integrate directly into commercial processes such as payments, orders, refunds and subscriptions. This post explains how it works and what it offers businesses.

Diagram illustrating open banking, where customer financial data is shared with fintech companies through APIs

Payment Institutions & E-Money

What Is Open Banking?

Open banking means sharing customers' financial information with a third-party fintech company so that a range of banking and financial services can be offered to them. It works through API integrations. This post covers its status in Turkey and the new BRSA regulation.

Diagram explaining the Visa Purchase Return Authorization process for card refunds

Credit Card

What Is Purchase Return Authorization?

A structure developed by Visa for purchase refund transactions. The purchase return authorization message lets cardholders view their refund transactions in real time, improving the customer refund experience.

Conceptual illustration of competing players vying for power in agentic commerce

General

Agentic Commerce Series – Part 6

Who will win in Agentic Commerce? Owning the customer used to be a huge advantage. Once an agent starts deciding on the customer's behalf, where does the real power move to?

Illustration of an ATM card trapping fraud scheme

ATM

ATM Fraud Methods: Card Trapping

ATMs generally hold your bank/credit card inside the card reader slot until the transaction is completed. Fraudsters insert foreign objects such as paper or adhesive-coated cards into the reader to trap the customer's card inside.