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"banking as a service"

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ATM cash dispenser mechanism distributing banknotes

ATM

What Are the Cash Dispensing Algorithms Used in ATMs?

ATMs are important transaction points that let customers handle financial transactions without visiting a bank branch. 24/7 availability matters for customer satisfaction, so banks take steps to reduce both operational and cash costs.

Diagram illustrating how a Payment Initiation Service Provider (PISP) connects a customer's bank account to merchants

Payment Systems

What Is a Payment Initiation Service Provider (PISP)?

A Payment Initiation Service Provider (PISP) can initiate a payment on a customer's behalf, withdrawing funds directly from their account with consent. Norway's Vipps is the most widely used PISP, and more providers are expected as PSD2 expands across Europe.

QR code payment being scanned with a smartphone at a point of sale

Laws & Regulations

The 'TR QR Code' Era in Payment Systems

The Regulation on the Generation and Use of TR QR Code in Payment Systems sets the standards for QR codes in payment services. The Central Bank has taken the first step by drafting rules for a common QR code structure.

ATM machine used for banking transactions in Turkey

ATM

ATM Companies Operating in Turkey

ATMs are devices that let customers carry out many banking transactions without visiting a branch. Keeping these devices technologically up to date and maintaining a high level of security are among the most important issues. Below are the companies that provide ATM software and support in Turkey.

Illustration representing a bank checking a merchant against the termination list before issuing a POS device

Merchant & POS

What Is a Merchant Termination List Check?

The termination list is a list, fed by all banks, containing merchants whose merchant agreements have been terminated by banks, together with the reasons for termination. This list is maintained by BKM and offered to banks as a service. Merchants request…

Diagram explaining the Easy Address service used with the FAST instant payment system

FAST

What Is Easy Address (Kolay Adres)?

The Instant and Continuous Transfer of Funds (FAST) System lets customers send payment instructions 24/7 through bank systems, independent of EFT. This article explains what Easy Address is, how to register one and how transfers work.

Diagram illustrating how the Termination Tracking System (FTS) works

Payment Systems

What Is FTS (Termination Tracking System)?

FTS (Termination Tracking System) lets banks check, before signing a merchant agreement, whether the applicant company or its representative has a negative history with any bank.