Credit Card
What Is a Card-to-Card Money Transfer?
Card-to-Card Money Transfer (CCMT) lets customers send money 24/7 from a credit, debit, or prepaid card to another card via ATM, internet banking, call center, or mobile app.
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"Credit Card"
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Security
What is CPP (Card Protection Plan)?
Credit cards are one of the most important payment instruments in daily life. As technology advances and mobile payments and ATMs handle nearly all transactions, credit card fraud is also diversifying and increasing.
Credit Card
Can I withdraw cash from an ATM with my credit card?
You can withdraw cash from an ATM using your credit card by accessing your account. The prerequisite is that a current account must be linked to your card. If not, only limited functions are available.
Credit Card
How Should the Relationship Between Credit Card Count and POS Be Interpreted for Banks?
Credit cards and POS are two core products banks offer customers. At first glance, credit cards seem to generate no return beyond interchange fees, card fees, and late fees.
Laws & Regulations
The Regulation on the Accessibility of Banking Services and What It Contains
The articles of the Regulation on the Accessibility of Banking Services are listed below. Published in the Official Gazette on 18 June 2016 (issue 29746), banks must strictly comply with them. PART ONE Purpose...
Credit Card
What Is the Effect of Paying Only the Minimum on a Credit Card?
Banks set two payment amounts for a credit card: the minimum payment and the statement balance. Here is what the minimum payment is, and what happens when you pay only the minimum or less.
Credit Card
Standards that define credit card design and operation
When payment systems come to mind, credit cards are usually the first thing people think of. Credit cards are produced according to specific standards, both in visual design and during printing. These standards belong to the ISO/IEC 781X family.
Credit Card
What Products and Services Does KKB Offer Directly to Members?
KKB was established, under banking law, to enable the exchange of all kinds of information and documents among at least five banks, and it also shares credit information about customers. The Credit Bureau of Turkey also serves deposit banks, participation banks, financial institutions, and more.
Merchant & POS
Terms that should be in your payment systems glossary
Below are the definitions of the cornerstone terms of payment systems, as established by the Banks Association of Turkey (TBB): debit card, credit card, merchant, cardholder, and more.
Credit Card
Where Can I Make Installment Purchases with My Credit Card?
To pay in installments with a credit card, the card and the POS usually need to belong to the same bank (on-us) or to the same card program. Otherwise, only single payments are possible.
Credit Card
I Made an Installment Purchase With My Credit Card. Can I Close My Card Before the Installments Are Paid Off?
Yes. A credit card cancellation request cannot be refused on the grounds that there is an outstanding balance on the card, and no annual membership fee can be charged during the repayment period of a card cancelled this way.
Laws & Regulations
Communiqué on Maximum Interest Rates Applicable to Credit Card Transactions published
A rule-based method has been adopted for setting the maximum interest rates on credit card transactions, using a reference rate based on banks' weighted average deposit rates plus 55 basis points. This post summarizes the method and the rates effective 1 November 2020.