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Payment systems in Türkiye overview

Payment Systems

What Are the Payment Systems in Türkiye?

When we hear “payment systems”, card transactions at POS terminals or ATMs usually come to mind. Let's look together at the payment systems recognized by the Central Bank.

Virtual POS payment system diagram for online card transactions

Merchant & POS

What Is Virtual POS?

Virtual POS is the software-based, security-enhanced equivalent of the physical POS devices used for card payments at merchants, designed for online shopping. It is not issued to individual customers, only to sole proprietorships, companies, or foundations and associations.

Illustration representing the steps involved in launching a new payment card product

Credit Card

What Should Be Considered When Launching a New Product?

The following steps should be followed when launching a new product: decide on the brand, request a new BIN from the scheme (Mastercard, Visa, Troy), define the BIN in the bank's system, generate keys in the HSM, and roll it out after certification.

HCE terminology and architecture diagram

HCE

Terms Used in HCE Terminology

When we talk about HCE methodology, many interacting architectural components come to mind. The core terms describing this architecture are listed below, starting with GCM/FCM (Google/Firebase Cloud Messaging), a service for sending push notifications.

NFC near field communication ISO/IEC 18092 illustration

Payment Systems

What Is ISO/IEC 18092/ECMA-340?

NFC is a data transfer technology developed by Sony and Philips in late 2002 and adopted as an ISO/IEC standard in 2003. ISO/IEC 18092/ECMA-340 (NFCIP-1) is one of the two globally accepted NFC standards.

Illustration for the question about SMS notifications in mail order transactions

From My Readers

Is there an SMS notification structure for Mail Order transactions?

I occasionally receive questions from my readers, and I answer them by email or through other channels. Since others may have similar questions, I will publish these questions on my site along with the answers. Hello Mr. Arif, I read your articles from time to time and...

Diagram of ISO 8583 Field 2 (F2) card number structure

ISO 8583

ISO 8583 Field Descriptions (F2)

F2 is the Card Number field in ISO 8583, identifying the cardholder and issuing bank. This post covers its structure, the 8-digit BIN update, field format, first-digit scheme identification, and PCI DSS security requirements.

PCI DSS Qualified Security Assessor illustration

Security

What Is a Qualified Security Assessor (QSA)?

A Qualified Security Assessor (QSA) is a person approved by the PCI Security Standards Council to audit merchants for compliance with the Payment Card Industry Data Security Standard.

Diagram of the EMV Card Block command process

EMV

What is the Card Block command?

The Card Block command is used after card issuance to deactivate all applications within the ICC, including applications that could be selected indirectly. The components of the command are explained below.