Credit Card
What Are the World's Most Exclusive Credit Cards?
From the invite-only American Express Centurion Card to the diamond-studded Dubai First Royal MasterCard, discover the world's most exclusive credit cards.
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"credit card rewards"
18 articles found
Credit Card
What is an Affinity Card (Membership Card)?
An affinity card is a type of credit card issued by a bank that carries the logo of a social organization such as an association, foundation, sports club, or charity (for example, Fenerbahce Bonus). It is similar in structure to a co-branded card.
Credit Card
The First Installment Credit Card and Key Takeaways for Entrepreneurship
Payment systems are changing fast, and new players are emerging. The Advantage Card, the first installment credit card in Turkey and Europe, did not come from a bank, which holds lessons for today's fintech entrepreneurs.
Payment Systems
Where Does the Mill's Water Come From? How Banks Really Earn from Credit Card Campaigns
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.
Payment Systems
What are Payment Systems?
Let's talk about payment systems, which we have heard more about since the internet entered our lives, and the basic structures behind them. The first credit card in the world was used in America in the 1920s.
Credit Card
What is a Co-Branded Card?
A co-branded card is a card offered by two or more organizations: one the issuing financial institution, the other a non-financial commercial brand (there may be more than one), such as an airline, hotel, or retail chain.
Credit Card
BKM Card Usage Survey
According to a survey by the Interbank Card Center measuring card usage habits in Turkey, card usage is increasing every day. Credit card preference rose from 61% in 2015 to 68% in 2017, while cash preference fell from 35% to 27%.
Credit Card
Apple Is Rewriting the Card World...
Most of us remember the impact the first iPhone, introduced by Steve Jobs on January 9, 2007 and revolutionary for its time, had on our lives. In a similar way, a product that will completely change how we use and view credit cards...
Credit Card
What Are National and International Payment Schemes?
In the world of payment systems, just as credit cards are an indispensable product, a payment scheme is indispensable for credit cards. When a credit card product is launched, the scheme it will be issued under is decided first.
Credit Card
What is the Statement Closing Date?
Credit cards have replaced cash in daily life. Although preferred for installments and reward points, they offer many benefits when used correctly, but uncontrolled spending and late payments can cause serious problems.
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.
Credit Card
Why do the points I earn differ between transactions made with my card?
You may have noticed that the same transaction amount earns different reward points when paid with a credit card. Have you ever wondered why? The points a card earns are managed within the card bank's authorization system.