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Exterior of the Takasbank headquarters building

Payment Systems

What is Takasbank?

Takasbank (Istanbul Settlement and Custody Bank) exists to increase the competitiveness of Turkey's markets by providing clearing and custody services, financial services, and other economic activities under the relevant legislation.

Illustration of consumer-to-consumer (C2C) online marketplace commerce

E-commerce

What Is C2C (Consumer-to-Consumer)?

Consumer-to-Consumer (C2C) is a business model in which consumers trade with each other, usually online. This post explains how C2C works, gives examples from Turkiye, and describes the types of C2C businesses.

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E-commerce

What Is B2B (Business to Business)?

B2B (Business to Business) is the name for systems used in the dealer networks of large companies, where dealers run supply, stock, distribution and marketing processes efficiently in a closed network.

Illustration representing Merchant Category Code classification for card transactions

Merchant & POS

What Does a Restricted/Prohibited MCC Mean?

The MCC code, or Merchant Category Code, is a 4-digit code used to classify merchants. Some MCC codes are restricted or prohibited, and POS terminals or card transactions may be blocked when such a code is used.