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Credit Card
Published by Mastercard on 24 May 2019, the Data Integrity Monitoring Program monitors transactions (authorization, clearing, chip, chargeback, etc.) in the Mastercard system to reduce erroneous transactions and increase transaction success rates.
Courier & Delivery
Although some banks use web service integration, banks generally handle card distribution with couriers through file exchanges, with information sent within the service instead.
Payment Systems
An amendment was made to the communiqué on the information systems of payment and e-money institutions and data sharing services, setting 31/3/2025 as the deadline for other payment service providers' obligations.
Courier & Delivery
Courier companies and banks generally carry out the card distribution process through file exchanges. (Some banks also use web service integration; in that case the information normally sent via file is transmitted within the service.) With the courier...
ATM
The Integrated Motorized Card Reader Writer is a hybrid motorized card reader/writer used in some ATM models, self-service terminals, self-service charging machines, vending machines, and media inquiry machines, supporting magnetic stripe, RFID, and IC card reading.
Credit Card
KKB was established, under banking law, to enable the exchange of all kinds of information and documents among at least five banks, and it also shares credit information about customers. The Credit Bureau of Turkey also serves deposit banks, participation banks, financial institutions, and more.
Merchant & POS
VPOS (Virtual POS) is the software-based, security-enhanced equivalent of the physical POS devices used for card payments at merchants, used for purchases made over the internet. It is also known as Virtual POS. VPOS is not issued to individual customers.
Merchant & POS
Virtual POS is the software-based, security-enhanced equivalent of the physical POS devices used for card payments at merchants, designed for online shopping. It is not issued to individual customers, only to sole proprietorships, companies, or foundations and associations.
Security
SCRW (Smart Card Reader Writer) can be translated as Smart Card Reader/Writer. Smart chip card readers are sophisticated devices with built-in intelligence, usable in PCs, laptops, servers, smartphones, and set-top boxes.
E-commerce
A marketplace is an online payment platform where buyers and sellers come together, where products and services are listed for sale, and other operations are facilitated.
Online & Authorization
OpenAI and Stripe announced the Agentic Commerce Protocol (ACP), with Instant Checkout live on Etsy and Shopify in the US. What this means for payment facilitators and e-commerce platforms, and what may come beyond one-click checkout.
Merchant & POS
The Secure Mobile Payment System is a system permitted by the Ministry, operated under the Revenue Administration (GIB) Communiqué, for sales, payment and collection transactions and the electronic creation, transmission and retention of the related financial documents.