Merchant & POS
What Is Pre-Authorization Closing?
Pre-authorization closing turns a pre-authorized transaction into a financial one, posting it to the merchant and cardholder accounts. See how amounts and available limit are affected.
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Payment Systems
Which Devices Can I Pay From With the TR QR Code?
According to BKM's TR QR Code Technical Principles and Rules Guide for card payments, QR code payment structures apply to EFTPOS, shared EFTPOS, ÖKC, ATMs, payment provider apps, static QR codes and virtual POS.
Merchant & POS
What is Chip&Pin?
Chip&Pin, introduced in Turkey on March 31, 2006, is a payment method that greatly reduces the risks of card copying and loss or theft fraud. The chip on the card reduces copying risk, while the 4-digit PIN prevents unauthorized use of a lost card.
Cryptocurrency
What Is Cryptocurrency Mining?
Mining is the production of cryptocurrency through hardware and software, as well as the recording and confirmation of cryptocurrency transfers. Because block difficulty rises with each new unit, mining requires very powerful processors.
Payment Systems
What is Soft POS? What are the important points in the Soft POS process?
Soft POS is a POS application that lets merchants accept payments from contactless cards or mobile wallets on Android devices, without needing a physical terminal. Companies market it under various names such as pocket POS or mobile POS.
ISO 8583
ISO 8583 Field Descriptions (F41)
F41 - CARD ACCEPTOR TERMINAL IDENTIFICATION: the terminal where a transaction took place. An 8-character alphanumeric value generated by the acquirer bank and assigned to the POS, managed as a unique terminal number at the acquirer.
Courier & Delivery
What Is a Parcel Barcode Number and Why Is It Used?
A parcel barcode number, as the name suggests, is a barcode specific to a parcel, printed on it so that deliveries with similar characteristics can be sent in a separate parcel. It is produced in accordance with EAN-13 standards, like a regular barcode.