Payment Systems
Why Did Visa Update Its Logo?
Visa announced a rebrand and a new logo that partly drops the wordmark. Here is why the payments giant made the change, what the new logo looks like and where it will first be shown.
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Credit Card
Why did Mastercard change its logo?
It is common for logos to include the brand's name. However, many major brands that shape their industries use only their own symbol, without any name. Apple, Nike, and Target are examples of category leaders who rely solely on their logo.
Credit Card
Where are the Troy and Discover logos printed on Discover-enabled Troy cards?
Troy is Turkey's national payment system scheme, short for "Turkiye's Payment Method." When Troy cards first launched, they could only be used domestically. A partnership with Discover later made it possible to use Troy cards abroad as well.
Merchant & POS
The Logo of Our National QR Code, TR Karekod, Has Been Announced
In the world of payment systems, there are new developments every day in both accepting payments and payment methods. QR code payments will undoubtedly become more common in the coming days, and we will make payments with QR codes in many places.
Credit Card
What Do the VISA, Mastercard, and TROY Logos on a Card Mean?
Visa, Mastercard, and TROY logos on a card represent the payment scheme behind it. Learn what these brands actually do and how a new BIN gets certified.
Merchant & POS
2018 Payment Systems Scorecard
BKM (Interbank Card Center) shared 2018 developments in card payments and the cashless society goal in Turkey. The data shows card payments becoming a bigger part of daily life every year.
Payment Systems
Visa and Mastercard Branded Cards Will No Longer Work in Russia
After Russia invaded Ukraine, Visa and Mastercard suspended services for sanctioned Russian banks. This post explains the impact on cardholders and merchants, and Russia's MIR and UnionPay alternatives.
Credit Card
Istanbulkart: Both Transit Card and Payment Card
When I think back to the Akbil I used when I first arrived in Istanbul, I think it's fair to say that Istanbulkart has undergone a very significant transformation. Users can now track activity, top up and view balances right from their phones.
Contactless
What Is a Contactless Transaction?
A contactless transaction is a fast and secure payment made between a credit card and a POS terminal without direct contact, without reading the card's chip or magnetic stripe. Both the card and POS terminal must support contactless transactions.
Merchant & POS
Don't Dismiss the POS Receipt
In daily credit card purchases, the POS produces two receipts: the Customer Copy and the Merchant Copy. The cardholder gets the customer copy; the merchant keeps its own copy by law.
Credit Card
What is a Co-Badge Card?
A co-badge card is issued under two or more payment schemes (Mastercard, Troy, Diners Club, Discover, etc.). If a bank's product supports multiple schemes, customers can request a card carrying two or more payment brands.
Credit Card
What is Emboss Name?
The customer's name printed on credit and debit cards is called the emboss name. But can we print an unlimited amount of name information on the card? There is a specific area reserved on the card for it.