HCE
What Is NFC?
NFC, known as Near Field Communication, is a technology that transfers data wirelessly between devices within 10 cm. It is used for data transfer, device pairing, and as the basis of contactless payments.
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"payment methods"
144 articles found
Merchant & POS
A New Era in Fuel Retail: Paying Without Getting Out of the Car
Mobile phones are entering our lives more every day. One study found people forget their wallets more often than their phones. This post explains how to buy fuel with TOTAL Mobile Payment and BKM Express without getting out of the car.
Payment Systems
What Could Neuralink Change in Payment Systems?
Elon Musk was set to unveil Neuralink, a brain-computer interface. What is Neuralink, and how might payment systems change if payments, cards, ATMs and POS devices move from phones to a chip in the brain?
Chargeback
What Are the American Express Chargeback Reason Codes?
Chargeback reason codes vary by card scheme. The Amex chargeback reason codes and their descriptions are listed below: American Express Chargeback Reason Codes A01 The charge you submitted did not receive a valid authorization approval code for the amount...
Payment System Institutions
What is EPI (European Payments Initiative)?
The European Payments Initiative (EPI), formerly known as PEPSI, is an ECB-backed payment integration initiative aiming to build a pan-European payment system and interbank network to rival Mastercard and Visa. Its founding members include BBVA, BNP Paribas, CaixaBank, Commerzbank and others.
3D Secure
Isbank becomes the first Visa member in Europe to adopt 3D Secure 2.0
Isbank (Turkiye Is Bankasi) has completed Europe's first migration to EMV 3D Secure 2.0, the current version of the 3D Secure authentication infrastructure used to verify cardholders in online card purchases. Deputy General Manager...
Payment Systems
BKM Announces 2020 Card Payment Data
BKM shares card payment data periodically. In 2020, the pandemic reshaped payment habits in Turkey: contactless and online payments surged and the total card payment amount grew 17 percent to TRY 1.15 trillion, with about 264 million cards in circulation.
Laws & Regulations
Can Telecom Operators (Vodafone, Turkcell, etc.) Provide Payment Services?
Under the Directive, payments made through telecom operators cover the purchase of digital services such as music, digital newspapers, e-tickets or charity donations, within certain amount thresholds.
E-commerce
What Is Amazon PayCode?
Amazon PayCode is a payment option that lets customers pay for Amazon orders in cash: after checkout they receive a code and pay at a participating Western Union agent location.
Merchant & POS
Can I get a POS device as an individual customer?
For a POS device to be issued to a customer, the customer must have a legal entity status, such as a sole proprietorship, commercial company, or foundation/association. POS devices cannot legally be issued to individual customers.
Laws & Regulations
What is the Mobile Payments TR QR Code Technical Principles and Rules Guide?
The Regulation on Generating and Using TR QR Code in Payment Services and its attached TR QR Code Principles and Rules document were published in the Official Gazette No. 31220 dated August 21, 2020, to ensure interoperability in QR code payments.
General
Agentic Commerce Series – Part 6
Who will win in Agentic Commerce? Owning the customer used to be a huge advantage. Once an agent starts deciding on the customer's behalf, where does the real power move to?