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Credit Card
You can withdraw cash from an ATM using your credit card by accessing your account. The prerequisite is that a current account must be linked to your card. If not, only limited functions are available.
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
Credit cards and POS are two core products banks offer customers. At first glance, credit cards seem to generate no return beyond interchange fees, card fees, and late fees.
Credit Card
Although debit cards and credit cards look similar in appearance, there are fundamental differences between them, from cash advances to installments and security.
ATM
With the advancement of technology, cash withdrawal methods have also diversified. The latest trend is withdrawing cash with a QR code. By generating a QR code through the mobile branch app of a bank that supports this feature, customers can withdraw cash from an ATM without a card.
Security
Fraud cases where scammers pose as bank staff or other institution employees to obtain citizens' banking information have increased significantly recently. Interestingly, the new fraud trend closely mirrors the steps of a genuine banking procedure.
Clearing
DE03/Reimbursement Attribute carries the Reimbursement Value of a transaction. BKM uses this information as the basis for calculating interchange fees and charges between member banks.
Payment Systems
How do banks fund so many points, bonuses, and discounts? This post explains the credit card profitability model: merchant commissions, interchange, interest income, installments, and why campaigns are an investment in transaction volume rather than a cost.
Credit Card
The BRSA has restricted the number of installments on credit card transactions depending on the sector, aiming to keep household spending from exceeding income. This post covers the new installment limits for furniture, white goods, TVs, gold, vehicle loans and the higher risk weights.
Credit Card
Nearly all of us have at least one credit card in our wallet and use credit cards for almost all of our transactions. A credit card is a good tool for tracking spending, but common mistakes can turn it into a serious problem.
Debit Card
A debit-featured card issued to a sole proprietorship, a commercial company, or a foundation/association is called a commercial debit card. Operationally, it is no different from a personal debit (ATM) card. It has its own limit, status, and user.
ATM
ATMs hold significant amounts of cash, are among banks' most important customer service points and are prone to faults, so they must be monitored from installation onward and acted on quickly.