FAST
Which Institutions Offer the Easy Addressing Service?
New banks are added to the Easy Address system every day. Here is the list of banks that supported the Easy Address System at the time, and where to find the current list.
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"payment page"
39 articles found
Merchant & POS
How to Reduce the Cart Abandonment Rate
One of the biggest problems for e-commerce companies is attracting customers to their sites, but getting visitors to actually buy is just as hard. This post covers practical ways to reduce cart abandonment, from guest checkout to fast payment options.
Payment Systems
Where Can I Find the Regulations Under the Law on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions?
You can find the regulations under Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions on the BRSA website. They are updated as new regulations are introduced.
Credit Card
Never do these things when using a credit card
Nearly all of us have at least one credit card in our wallet and use credit cards for almost all of our transactions. A credit card is a good tool for tracking spending, but common mistakes can turn it into a serious problem.
Payment Systems
Where Can I Find All the Details About New-Generation Cash Registers (ÖKC)?
New-generation payment recording devices (ÖKC) now play an important role for businesses and sole proprietors. The Revenue Administration's site covers both the legislation and usage details.
Payment Systems
What Are the Areas of Activity of Electronic Money Companies in Türkiye?
All electronic money institutions are authorized to issue electronic money under Law No. 6493. The payment services each one is licensed to offer are listed in the table published by the CBRT.
Payment Systems
FAST money transfer limit raised to TRY 20,000
The limit for FAST transactions, which enable interbank 24/7 instant money transfers, was raised to TRY 20,000 as of 14.02.2023. This post covers the change and its impact; the figure is historical and the limit has since been raised again.
Laws & Regulations
CBRT Publishes Press Release on the Instant Payment System
In its press release of 12 November 2020, the Central Bank of the Republic of Türkiye announced that preparations had been completed to launch FAST, a new instant payment system.
Open Banking
Digital Banking Standards are becoming clearer step by step
Digital banking is talked about more every day, and with the BRSA's support in defining its scope, it is about to enter our lives. A 'digital bank' is a credit institution that provides banking services mainly through electronic channels rather than physical branches.
Laws & Regulations
What Are the Visa Core Rules and Visa Product and Service Rules Documents? How Can I Access Them?
The Visa Core Rules and Visa Product and Service Rules documents define the fundamental rules that apply to all institutions in the Visa network. They are updated regularly, and all members are expected to follow the latest version.
Merchant & POS
What is QR (Quick Response) Code?
QR Code is a two-dimensional barcode system developed by Denso Wave, a Toyota subsidiary operating in Japan. Its name comes from the initials of Quick Response. Its content can be any data, including text, a website address, or a video link.
Agentic Commerce
Agentic Commerce Series – Part 1
The next customer on the internet may not be human. If AI agents become part of purchasing decisions, the rules of e-commerce, marketing, and payment systems could change.