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"Credit Card Debt"

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Credit card limit reduction illustration

Credit Card

Can My Credit Card Limit Be Reduced Without My Permission?

Yes. Your credit card limit can be reduced without your permission and approval. Banks may set a lower limit as a result of updates based on a person's economic and social situation, credit score and similar information.

Illustration of an ATM with a voice menu for visually impaired customers

ATM

What Must Banks Do for Visually Impaired Customers?

Banks must provide the infrastructure for ATM access by visually impaired customers. Among ATMs side by side or less than 50 meters apart, only one needs to comply; all other ATMs must serve visually impaired customers. Details of Article 7 are below.

Overview of the advantages of a business credit card

Credit Card

What Is a Business Card?

A business credit card is a credit card offered by banks to businesses so they can make company expenditures and track and manage those expenses.

Calendar illustrating a credit card statement closing date

Credit Card

What is the Statement Closing Date?

Credit cards have replaced cash in daily life. Although preferred for installments and reward points, they offer many benefits when used correctly, but uncontrolled spending and late payments can cause serious problems.

Diagram of basic payment systems terminology including issuer, acquirer, and authorization

Payment Systems

Basic Terms Used in Payment Systems

Although many important terms are used in payment systems, the expressions below are its cornerstones — the ABCs of payment systems, so to speak. Issuer: the credit card company, usually a bank, that issues the card and tracks debt, credit, bonus points, and other services for the customer.

Illustration of a commercial debit card issued to companies and sole proprietorships

Debit Card

What Is a Commercial Debit Card?

A debit-featured card issued to a sole proprietorship, a commercial company, or a foundation/association is called a commercial debit card. Operationally, it is no different from a personal debit (ATM) card. It has its own limit, status, and user.

Illustration representing the BKM Payment Gateway

Payment Systems

What is the BKM Payment Gateway?

BKM Payment Gateway is the general name for platforms that let government institutions accept card payments through BKM as intermediary. For the first time, SGK and e-Government title deed payments can be made with all banking cards.

Chart showing the global decline in the number of ATMs

ATM

The number of ATMs is declining worldwide

ATMs, which let us meet our cash needs, pay card debt, make transfers, and even withdraw or deposit cash via QR code without a card, have started losing popularity after all these years.

Credit card being inserted into a merchant POS terminal

Credit Card

What Is the Transaction Life Cycle in the Card World?

As credit cards become more and more a part of our lives, we now make almost all our purchases without cash. We inserted our card into the merchant's POS. We made a 100 TRY sale transaction. We received a receipt confirming it was successful.