Search
226 articles found
Merchant & POS
Current information: This article describes the limit as of its publication date. For the current contactless (no-PIN) transaction limit, see the linked article. The introduction of contactless transactions brought new concepts and structures.
Merchant & POS
An offline transaction is one in which the card and POS terminal approve the transaction based on their own parameters, without contacting their banks. Whether contact or contactless, the device decides whether the transaction is processed offline.
Payment Systems
Current information: this post describes the limit at the time of publication. The BRSA raised the contactless card transaction limit to 750 TL, effective 1 July. Above the limit, contactless payments need a PIN. The post also traces the limit's history.
Credit Card
The BRSA has decided to raise the contactless card transaction limit to 500 TL, effective 1 February. This post explains the change, how PIN entry works above the limit, and how the limit has evolved since 2019.
Contactless
Updated info: this article describes the limit at the time it was published. For the current contactless (PIN-free) transaction limit, see the linked article. A 1,000 TL contactless transaction is technically possible, but banks won't take that risk.
Merchant & POS
The floor limit is the value held on the POS that determines the maximum amount for which an offline transaction can be approved. It is managed per terminal and can be updated at any time through the POS parameter management system.
Merchant & POS
Current information: this article describes the limit in force at the time of publication. To reduce the risk of the coronavirus (Covid-19) spreading, the contactless transaction limit on credit and debit cards was raised to 250 lira.
Contactless
The no-PIN limit for contactless payments has been raised from 250 TL to 350 TL. Contactless payments up to 350 TL can be made without a PIN; above that, they are made contactless with a PIN.
Merchant & POS
BKM has changed the domestic transaction flows for contactless transactions above and below the CVM limit. For above-limit transactions, the issuer can now ask the cardholder to re-enter the PIN instead of terminating the transaction after an incorrect PIN (DE39 = 55).
FAST
Current information: This post describes the limit in effect at the time of publication. The FAST transaction limit, introduced in January, was raised periodically and reached 1,000 TL as of January 29. See the newer post for the current FAST limit.
FAST
The Central Bank of the Republic of Turkey (CBRT) has implemented a significant limit increase in the FAST system. Under the regulation effective August 26, 2026, the FAST money transfer limit was raised from TRY 100,000 to TRY 300,000. The same increase also applies to Request to Pay...
Merchant & POS
Yes. Whether a contactless transaction goes online depends on the limits on the card and the POS: the contactless floor limit, the CVM limit and the contactless transaction limit. A worked example shows how.