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Issuer data and BIN definitions on POS terminals

Merchant & POS

Why Are Issuer Data Definitions Important?

The most important part of issuer data definitions is that they are built around your own bank's or institution's developments and application flows. Missing BINs can break installments, rewards and routing on POS devices.

Diagram illustrating BKM TechPOS shared POS infrastructure

Merchant & POS

What is BKM TechPOS?

BKM TechPOS is an infrastructure through which card acquirers and POS/cash register manufacturers can interoperate via BKM, letting all participating banks provide card acceptance services on a single device.

Diagram of the Shared POS Management System (OPYS)

Merchant & POS

What Is the Shared POS Management System (OPYS)?

Developed by BKM and made available to banks, OPYS centrally supports setting up multi-application POS terminals shared by multiple members, inviting other members, adding or removing them, and managing field company relationships.

BKM Central POS Database (MPV) illustration

Merchant & POS

What Is MPV (Central POS Database)?

MPV stands for Merkezi POS Veritabanı (Central POS Database), BKM's shared database of all POS terminals operated by its card-accepting members, used for support, statistics, fraud analysis and the Common POS Management System.

Photo illustrating a point-of-sale multiple installment sale transaction

Merchant & POS

What is a Multiple Installment Sale?

This can occur at companies selling products from different sectors. For example, you enter a shopping mall and buy a refrigerator for 3000 TL, a dishwasher for 2000 TL, and an iron for 1000 TL, each under a different installment campaign.

Illustration representing the Card Protection Plan (CPP)

Security

What is CPP (Card Protection Plan)?

Credit cards are one of the most important payment instruments in daily life. As technology advances and mobile payments and ATMs handle nearly all transactions, credit card fraud is also diversifying and increasing.

Credit card being presented at a POS terminal for a pre-authorization transaction

Merchant & POS

Is a Card Required for a Pre-Authorization Transaction?

Whether a card is required for a pre-authorization transaction depends on the type of POS used. On a physical POS, the card must be swiped or inserted to start the transaction. On a virtual POS, entering the card details manually is enough.