Merchant & POS
What Is Card Storage?
Card storage is a system, secured with PCI DSS certification, for storing credit and debit card details safely. It saves consumers from entering their card details again and again on frequent purchases.
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"Card Numbering"
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Credit Card
What is Major Industry Identifier (MII)?
Major Industry Identifier (MII) is the first digit of a credit card number, representing the category of the institution that issued the card. The MII values and their corresponding categories are listed below.
Chargeback
How to Reduce Chargebacks (For Cardholders)
A chargeback is when a cardholder asks the issuing bank to refund a transaction made without their knowledge. It cannot be prevented entirely, but simple precautions can minimize the risk. Here is how the process works and what cardholders should do.
Debit Card
What Is a Stored Value Card?
A stored value card is a widely used card type today. Instead of being held in a financial system, the monetary balance is stored directly on the card, which has a special magnetic stripe recording important financial data such as the balance.
Credit Card
Where Can I Make Installment Purchases with My Credit Card?
To pay in installments with a credit card, the card and the POS usually need to belong to the same bank (on-us) or to the same card program. Otherwise, only single payments are possible.
Credit Card
What is Emboss Name?
The customer's name printed on credit and debit cards is called the emboss name. But can we print an unlimited amount of name information on the card? There is a specific area reserved on the card for it.
Merchant & POS
How Important Is the Checkout Page in Payments?
The checkout page is where an online purchase is completed, and cart abandonment is highest there. This post lists design tips: support all cards, limit transition pages, show security cues, allow guest checkout and remove distractions.
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.
Credit Card
Istanbulkart: Both Transit Card and Payment Card
When I think back to the Akbil I used when I first arrived in Istanbul, I think it's fair to say that Istanbulkart has undergone a very significant transformation. Users can now track activity, top up and view balances right from their phones.
ISO 8583
ISO 8583 Field Descriptions (F55)
F55 - INTEGRATED CIRCUIT CARD (ICC) SYSTEM RELATED DATA: the field where EMV data is written on chip cards. It consists of components such as Position, Private Data Subelements, PDS Tag, PDS Length, and PDS Value...
Merchant & POS
What Is a Card Recovery Bulletin (Card Protection Bulletin)?
A Card Recovery Bulletin is a list of problem cards (lost, stolen, expired, over-limit, counterfeit or otherwise flagged) published by card schemes such as Visa or MasterCard. It shows whether a card number is listed on the date of purchase.
Credit Card
How Can I Check My Credit Card Debt?
In the past, banking transactions could only be carried out at branches, but with the advance of technology, customers can now complete their transactions through many channels without visiting a branch. Checking credit card debt is one of these.