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3D Secure
Especially with the growth of the internet, credit card transactions have started shifting from physical POS terminals to virtual POS terminals. In virtual transactions, the 3D Secure structure is used instead of the card PIN entered in physical transactions. So how is a transaction's…
Credit Card
For customers to use credit or ATM cards, the cards must first be printed. Here are the advantages and disadvantages of instant issuance and bulk printing, the two methods banks prefer.
Merchant & POS
Payment systems once meant a physical card and a PIN on a POS device. Digitalization that began with contactless transactions has accelerated with mobile payments, and MasterCard is now working on voice shopping and Soft POS in Turkey.
HCE
Tokenization and digitization are two important terms in mobile payments that are easily confused and often used interchangeably. What is the difference between digitization and tokenization?
Online & Authorization
A payment gateway is the high-security connection banks provide for purchases made with a credit or debit card. Learn how it is set up and why it protects cardholder data.
Payment Systems
BKM, short for Interbank Card Center, is a legal entity established in 1990 with contributions from 13 public and private Turkish banks to provide clearing and settlement for cards.
Laws & Regulations
Law No. 7192 amends certain articles of Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions. Announced on 22 November 2019, it entered into force on 01.01.2020.
Credit Card
Nearly all transactions where credit and debit cards are used physically require a PIN. The PIN represents the cardholder's identity. Here is what happens if a customer enters the wrong PIN too many times and how the card is restored.
Merchant & POS
Virtual or electronic authorization devices connected to a bank, used by merchants to accept card payments. The term comes from the English phrase Point of Sale. Covers POS types by communication method, their advantages, who can use one, and the transactions a POS can perform.
Credit Card
The term 'wallet' has many definitions in payments and fintech. In general, it refers to digital wallets (e-wallets) used in e-commerce, popular because they let users securely store payment information and pay easily.
Credit Card
A digital wallet is an electronic wallet where credit, debit, or prepaid cards are registered in one place. Cardholders can securely add, store, update, and delete card details, then pay with a single click.
Merchant & POS
CAVV and AAV are verification codes used in 3D Secure transactions to ensure transaction integrity and security. CAVV is used by Visa, while AAV is used by Mastercard.