Skip to content

Search

"branches"

66 articles found

Diagram illustrating ATM cash overage and cash shortage reconciliation

ATM

What are Cash Overage and Cash Shortage?

Cash overage and cash shortage are terms used in any system that operates with a cash account. A cash overage means more money is physically present than the ledger indicates; a cash shortage means less. In payment systems, these terms are most often used for ATMs.

Starling Bank vertical credit card design

Credit Card

Vertical Revolution in Credit Cards

The payment card industry is arguably the sector most affected by technology and the quickest to adapt new developments. With mobile devices, payment systems have changed a lot - we now prefer using our credit cards virtually rather than physically.

Diagram illustrating the early hold release process for merchants

Merchant & POS

What Is Early Hold Release?

Early Hold Release is a solution that allows merchants operating under a holdback arrangement to access their turnover held in the hold account when they need cash, before the holdback period ends. Merchants can work with banks under 3 different terms.

Illustration of personal data protection under the Turkish Personal Data Protection Law (KVKK)

Merchant & POS

What is the Personal Data Protection Law (KVKK)?

The Personal Data Protection Law was adopted by the Grand National Assembly of Turkey on 24/03/2016 and published in Official Gazette No. 29677 on 07/04/2016. It protects individuals' rights in the processing of personal data and sets the rules that data controllers must follow.

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.

Smartphone being used as a mobile POS device for a card payment

Merchant & POS

Mobile Phones Are Turning Into POS Devices

With advances in technology, mobile phones can now be used for many functions besides calls and internet access. One such innovation is the ability to use smartphones or tablets as POS devices.

ATM cash withdrawal with banknotes illustrating withdrawal limits

ATM

Can I Withdraw Unlimited Money from an ATM?

Like any physical device, ATMs have certain limits. Logically, it may seem like you could withdraw as much money as the ATM's cash cassettes can physically hold (10s, 20s, 50s, 100s, etc.), but that is not actually the case.

Social engineering fraud and human biases illustration

Fraud

What Biases and Human Behaviors Trigger Fraud?

Sometimes committing fraud by exploiting system vulnerabilities is harder than exploiting human weaknesses. Fraud that exploits such human weaknesses is called social engineering.

Transactions available at an ATM

ATM

Transactions You Can Make at an ATM

Moving branch transactions to channels such as ATMs, internet banking and mobile banking lowers banking costs, so almost every transaction can now be done through them. Here is what ATMs offer.

Workflow diagram of bank and courier file integration for card distribution

Courier & Delivery

How Is Bank Integration Done for Card Distribution via Courier?

Courier companies and banks generally carry out the card distribution process through file exchanges. (Some banks also use web service integration; in that case the information normally sent via file is transmitted within the service.) With the courier...

Diagram explaining the MCC merchant category code field in ISO 8583 messages

ISO 8583

ISO 8583 Field Descriptions (F18)

F18-MERCHANT TYPE: This is the merchant's category code (MCC) information. It must contain values from the Mastercard or Visa MCC Code list. It is a 4-digit numeric value. For ATM transactions, MCC code 6011 should be sent. The role of MCC in authorization...