Credit Card
Does the Bank Have the Right to Refuse My Credit Card Limit Increase Request?
Yes. Banks may reject limit increase requests based on their assessment of a person's economic and social situation, credit score and similar information.
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Credit Card
How is a credit card number generated? (Luhn Algorithm)
The Luhn algorithm was developed by Hans Peter Luhn and IBM in 1954. It is also known as the Luhn Check or Mod Check. It is used in two ways: preparing a given number according to the Luhn algorithm, and validating a given number using the Luhn algorithm.
Credit Card
What Is a Card Expiration Date?
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.
Payment System Institutions
What Are BKM Public Collection Solutions?
BKM (Interbank Card Center) was founded in 1990 to clear and reconcile credit and debit card payments. This post covers its public collection solutions: contactless transport in Konya, SGK premium payments and e-Government gateway fees.
Credit Card
Tell me your BIN number and I'll tell you your card's family tree
BIN is short for Bank Identification Number: a unique, bank-specific number created under ISO/IEC 7812 standards that shows which bank a card belongs to. It is the first 6 digits of a card.
Credit Card
What Is a Business Card?
A business credit card is a credit card offered by banks to businesses so they can make company expenditures and track and manage those expenses.
Credit Card
Installments Reduced for Foreign Airline, Travel Agency and Accommodation Spending
The BRSA reduced the maximum number of credit card installments for foreign spending on airlines, travel agencies and accommodation from 6 months to 3 months.
Credit Card
What Is a Supplementary Card?
A financial card product issued against a primary card, with its own card number, expiration date, authority, limit, and PIN. Using a supplementary card is ideal for making purchases from more than one card while keeping all spending on a single statement.
Credit Card
What is a Virtual Card?
A credit card number created based on a credit card, not physically printed, usable in all virtual purchases (mail order, e-commerce, etc.). It is generated instantly upon request, usable right away, created with a zero limit, and free of charge.
Online & Authorization
What Is HCE?
HCE lets a mobile device's operating system emulate the cards we use daily (credit, debit, gift cards, etc.) to make contactless payments via NFC. In other words, our phones behave like the cards we use for payments.
ATM
Are Fees Charged for ATM Transactions Between Public Banks?
With a protocol signed on 04.04.2018, Türkiye's public banks launched the “Free Shared ATM Use” system, allowing their customers to use each other's ATMs free of charge for many transactions.
Credit Card
What is ISO/IEC 7810?
The ISO/IEC 7810 standard is an international standard that defines the physical characteristics of cards (credit cards, ATM cards, ID cards, etc.) such as physical dimensions, bending, flame and chemical resistance, temperature and humidity resistance, toxicity, and flammability.