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ATM
RKL is the process of distributing a TMK (Terminal Master Key) to each terminal from a central point. It is used to remotely load keys onto POS and ATM devices, loading TMKs onto an ATM's keypad or activating them on a POS.
Credit Card
Credit cards can be a convenient way to manage income and expenses, but for those who don't know how to use them, they can become an expensive and risky product. Here are the key pros and cons to weigh before applying for one.
Credit Card
ISO/IEC 10373 specifies the technology-independent test methods needed to check that identification cards conform to the base requirements defined in ISO/IEC 7810 and related standards.
Credit Card
What is a card expiration date? Learn why banks print this date on every card, how it's used in purchases, and what happens once it passes.
Merchant & POS
There are many players in the POS and OKC (Payment Recording Device) market in Turkey. Some of these companies are foreign, while others are domestic. Let's get to know these companies: Ingenico, Verifone, Interpay (PAX), and more.
Merchant & POS
UnionPay International (UPI) is a China UnionPay subsidiary founded in November 2012. Together with more than 1,000 institutions worldwide, UPI provides international card acceptance in 160 countries and card issuance in more than 40 countries and regions.
Credit Card
The Effective Date is the information showing the date until which a card can be actively used. It can also be called the expiration date. It is a mandatory field printed on the card and used in transactions, set by banks for card security.
Credit Card
A single BIN cannot be used to issue both a credit card and a debit card. If a bank offers both products, it has at least two different BINs, allocated and announced separately by card type.
Payment Systems
The number of consecutive transactions you can make with your card in a day is set by the bank or institution that issued it. For details, contact the customer service of the bank or institution that issued your contactless card.
Payment Systems
Offline transaction parameters are divided into two types: contact offline and contactless offline. These parameters can be managed separately through Terminal data and Chip data. Offline transactions can be reported to the HOST after an online transaction, after X occurrences, and more.
Credit Card
In foreign transactions the Transaction Amount is taken online from the customer's account, but what matters is the amount transmitted at clearing, so exchange rate fluctuations between the two moments can create risk for the bank.
Credit Card
Technology continues to make our lives easier and more secure. Old ID cards were just laminated paper; new ones became personalized and secure with biometric photos added alongside chip data.