Merchant & POS
How Can I Find the Number of POS Terminals, ATMs and Cards in Türkiye?
The number of POS terminals, ATMs and cards in Türkiye is reported by BKM and updated monthly. Here is the link and how to read the figures.
Search
"reporting"
133 articles found
Credit Card
Where Can I Find Data on Online Card Payments in Türkiye?
Data on card payments made online in Türkiye is shared by BKM, updated monthly by number and value of transactions. Here is the link and how to interpret the figures.
Payment Systems
A Detailed Study on Payment Institutions and Electronic Money Institutions
Payment and electronic money institutions have had a big impact on the development of payment systems. A sector research report prepared by the Ministry of Treasury and Finance helps explain this ecosystem.
Payment Systems
Is Apple Card preparing for installment payments?
Global technology companies' interest in payment systems keeps growing every day. According to reports, Apple has begun planning work on infrastructure to accept installment payments with Apple Card, letting users pay in monthly installments.
Credit Card
What Is SAFE (System to Avoid Fraud Effectively)?
SAFE, short for System to Avoid Fraud Effectively, refers to fraud records created by issuing banks. Fraud records sent in the Mastercard clearing format fall under the SAFE category.
Laws & Regulations
What Is Law No. 5549 on the Prevention of Laundering Proceeds of Crime?
Law No. 5549 introduced legal rules to prevent money laundering and terrorist financing, defined obligations, and expanded MASAK's remit to cover the fight against terrorist financing as well as money laundering.
Credit Card
Meet the Google Card!
After Apple Card, announced last March to great fanfare, Huawei said it would issue a card too. Google has now joined the race among tech companies by announcing a new card of its own.
Credit Card
What Is DCI (Debit/Credit Indicator)?
DCI (Debit/Credit Indicator) is a flag that shows whether a transaction was made with a credit card or a debit card. With the arrival of prepaid cards, it began to be used as DCPI (Debit/Credit/Prepaid Indicator). Is DCI sent in the authorization message?
Credit Card
What Is a Card's First Transaction Date? What Is It Used For?
Banks generally keep a record in the system of a card's "First Transaction Date." This information is automatically populated by the online authorization system. So under what circumstances is it updated? First, an authorization transaction must…
Closed-Loop Payments
Why Do Closed-Loop Payment Systems Want to Grow? | Series #6
Why does a coffee chain build its own loyalty program, and why does a payment app keep adding services? This post looks at how loyalty, data, and new services drive the growth of closed-loop payment systems, and at the financial layers behind that growth.
Payment Systems
Preventing Financial Losses in Payment Systems: Authorization, Clearing, and the Reversal Mechanism
Every payment transaction completes in seconds, yet dozens of controls run behind the scenes. This post covers the precautions for authorization and clearing, the critical role of reversals, and the financial loss scenarios most often seen in the field.
Merchant & POS
Offline PIN Counter = 0 Scenario: Who Is Liable for Transactions Approved Without a PIN?
In EMV-based debit card transactions, PIN verification is decisive for both security and liability. What happens when a card that only supports online PIN is sent to the issuer without a PIN, and the issuer approves it? Who owns the risk?