My colleague Tuncay Şahin made an excellent job and processed the full contactless payment transaction data in Turkey between March and August 2016 and displayed on a video map.
Contactless payments in Turkey is gaining ground, but it is still in early steps. As of December 2016, 25 % of the POS terminals have contactless reader and 30 % of the credit cards have contactless feature. Transaction volume though is still low and this is part of…
This post was originally published on Medium.
Back in 2010, NFC was a huge thing within the payment professionals community. Every single bank, payment processor, carrier and fintech company (this term was not in the mainstream media back then)…
With the introduction of Apple Pay -and HCE before that, we started hearing about cloud payments. My initial reaction to cloud payment was “what kind of payment isn’t already in the cloud?”
In generic terms, cloud refers to data and applications that are not stored…
You’ve probably heard a lot on HCE — Host Card Emulation. Mobile industry had a great welcome on HCE, since contactless will become a software layer and get rid of hardware dependency. Actually every stakeholder in the NFC ecosystem except the SIM card vendors was thrilled.
It was back in 2007–2008, when everyone in the payments space was quite sure that NFC based mobile payments will be rocketing in the next couple of years. Countless graphics/info graphics showed us how the mobile payments would boom next year.
On 23–24th of January, NFC Symposium 2014 took place at Sheraton Hotel, Stockholm, Sweden. I was one of the attendants, along with mostly Scandinavian colleagues.
The speakers have been selected from a wide variety of NFC ecosystem, ranging from vendors, to airlines…
I wrote an article for E-Finance & Payments Law & Policy, a monthly journal published in the UK, about Turkey’s payment industry and the mobile payment trends. It was published on the October 2012 issue.
Google has been working on Google Wallet for a long time. We’ve seen the first NFC payment experience via Google Wallet when it was released with a Citi prepaid card on Nexus. The first version came with a pre-installed Citi prepaid account and a 10 dollars. It…
On 20–21st of June, I attended an event from SMi Group in London on contactless and NFC. I presented the Turkish market and Yapi Kredi’s products and services. It was a great opportunity to keep updated about the contactless & NFC space throughout Europe. I met…