ATM
Can ATMs Be Hacked?
ATMs are among the channels banks use most to serve customers. Besides being one of the most important channels, because they physically dispense cash and give access to a customer's account, many fraud cases occur at ATMs.
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"account security"
117 articles found
Debit Card
Can You Shop Online with an ATM Card?
When we think of online shopping, we usually picture paying with a credit card. But can customers without a credit card, only an ATM card, shop online? Of course they can — you don't need a credit card to enjoy the convenience of e-commerce.
Security
What is MasterCard Identity Check?
Payment security is very important in payment systems. To increase security, transactions require additional information such as PINs and passwords. Remembering which information to use, and keeping it in mind without forgetting…
Payment Institutions & E-Money
Regulation on Payment Services, E-Money Issuance and Payment Service Providers Amended
Innovations in payment systems continue. The CBRT's Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers was amended and published in the Official Gazette, with new minimum equity requirements and activity restrictions.
Payment Systems
Can a Card's Contactless Limit Be Managed on a Per-Customer Basis?
Contactless payment has greatly improved the user experience, yet its fixed transaction limit is a common complaint. Can this limit be managed dynamically per customer? This post covers the current situation, technical and regulatory requirements and the outlook.
Payment Systems
What are Payment Systems?
Let's talk about payment systems, which we have heard more about since the internet entered our lives, and the basic structures behind them. The first credit card in the world was used in America in the 1920s.
Credit Card
What is Person-to-Person Payment (P2P)?
Person-to-person payments (P2P) is an online technology that lets users transfer money from their bank or credit card accounts to another person's account over the internet or a mobile phone. Examples of such apps include PayPal, Venmo, and Cash App.
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.
Payment Institutions & E-Money
What Is Electronic Money?
In general, electronic money is monetary value stored on a protected technological device. Turkish law defines it under Law No. 6493 as electronically stored value issued against funds and accepted by third parties as a means of payment.
Laws & Regulations
What Are the Visa Core Rules and Visa Product and Service Rules Documents? How Can I Access Them?
The Visa Core Rules and Visa Product and Service Rules documents define the fundamental rules that apply to all institutions in the Visa network. They are updated regularly, and all members are expected to follow the latest version.
Credit Card
Which Cards Can I Use for Mail Order Transactions?
Debit cards and prepaid cards are generally closed to mail order transactions. Mail order authorization is held on credit cards. Unless specifically requested at application, a card is issued closed to mail order transactions.
Merchant & POS
What is a Collection POS?
A Collection POS is a secure, web-based payment platform through which businesses and institutions manage their collections and generate the reports they need. Many similar products exist on the market under different names.