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BKM

Category
International

Vertical
Banking

Location
Turkey

Carrying out the authorization operations between the banks

The Interbank Card Center (BKM) was established in 1990 with the partnership of 13 public and private Turkish banks for the purpose of providing solutions to the common problems and developing the rules and standards of credit and debit cards in Turkey, within the card payment system. The interbank clearing of the debts and credits of the card holders arising from their purchases is carried out within BKM’s structure through the domestic clearing and settlement of debit and credit card transactions. The main activities of BKM are; carrying out the authorization operation between the banks, developing the procedures applicable to the banks in the credit card and debit card sector, forming the domestic rules and regulations, making efforts in relation to provision of standardization and taking the relevant decisions, establishing relations with the international organizations and commissions and representing the members in these organizations when necessary and executing the ongoing bank operations from a single central operation site in a more secure, fast and cost-effective manner.

Team Members

Emirhan Çelikbilek

VP Marketing & Communications, BKM

Dr. Soner Canko

General Manager

Blogs

Turkey FinTech Ecosystem Map Updated!

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Upcoming Events

09
Jul
Pitch360 2020 Live Final
Location: Virtual Events
IT’S BACK! Thought you’d missed out in 2020? Fear not, Pitch360 is back, but not as you know it! Join...
13
Jul
FinTech Investor Office Hours Week: 13 -17 July 2020
Location: Google Hangout sent after registering
  Innovate Finance and over 15 VC and CVCs have come together to take part in the FinTech Investor Office...
14
Jul
Building FinTech Bridges: Why cross-border collaboration is key to financial inclusion in SE Asia
Location: BrightTalk
With a population of 570 million and a GDP expected to grow to $4.7 trillion by 2025, the six largest...