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Diagram illustrating account-to-account (A2A) payment flow between banks

Online & Authorization

What are A2A (Account-to-Account) Payments?

Account-to-account (A2A) payments can be described as making a payment by transferring money from one bank account to another. Though similar to wire transfer/EFT, combining the transfer with the payment creates a seamless experience.

Diagram illustrating how financing companies operate in Turkey

Payment System Institutions

What Are the Financing Companies Operating in Turkey?

These are credit institutions providing financing to individuals and companies for purchasing goods and services. Financing companies specialize mainly in vehicle loans, offering fast and flexible point-of-sale solutions distinct from banks.

Illustration representing payment card BIN numbers and card schemes

Credit Card

Which BINs Do Payment Schemes Work With?

Banks increase the variety of their products and services to serve customers better. When introducing new products, they usually issue them under a new BIN. So are there valid rules for obtaining a new BIN (Bank Identification Number)?

Illustration representing open banking and banking as a service with digital banking and API connection icons

Open Banking

What are the differences between Banking as a Service and Open Banking?

First, it is useful to briefly recall the concepts of Banking as a Service and Open Banking. Banking as a Service (BaaS) lets interface developers connect directly to service banks' systems via APIs and open banking services to run banking transactions for customers...

Diagram illustrating the NextGenPSD2 framework for open banking APIs

Open Banking

What Is NextGenPSD2?

NextGenPSD2 is the set of API standards launched by the Berlin Group in 2017, now involving more than 1,700 banks from 20 countries. This post explains what the framework offers to banks, fintechs and third-party providers under PSD2.

Illustration representing a credit-linked debit card

Debit Card

What Is a Credit-Linked Debit Card?

Some banks offer their customers a debit card product backed by an individual or corporate credit facility. How do these products work? First, these cards are printed as unembossed (no-name) cards and delivered by courier to branch staff. A credit application…

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 symbolizing the shift from search engines to AI-driven decision engines in online shopping

Payment Systems

Agentic Commerce Series - Part 2

If users start describing their needs instead of searching for products, one of the internet economy's most fundamental habits could change.