Chronology

Chronology

  • 2013-2012
    10 December 2013
    2013-1

    BKM Express’ Android application was launched.

    2013-1
    In addition to iPhone, Android mobile application and mobile website (html5) were implemented. BKM Express mobile application can be downloaded free of charge from Apple Store and Google Play Store. Members of BKM Express can immediately log in the application with their currently effective e-mail addresses and passwords and begin to send money and access the member merchants in order to shop.
    BKM Completed the First Card Payment Project for Public Payments with SSI! (26 November 2013)
    Cardholders are now able to pay their Social Security Institution (SSI) premium debts through the web, rapidly, securely, and easily for 7×24 thanks to the payment platform, created jointly by Interbank Card Center (BKM) and SSI.
    Contactless cards of all banks can now be used for public transportation as a part of Konya Transportation Project. (8 November 2013)
    It is now possible to use contactless credit cards, debit cards and advanced payment cards of all banks in the buses and tramrails of Konya thanks to the project that was first implemented in Konya and planned to be used nationwide later. This project does not only allow to use contactless cards but also NFC compliant mobile phones to pay ticket fares of all public transportation vehicles of Konya, in which 20 tramrail stops and 340 buses are operating.
    BKM Express, offering secure, easy and fast online shopping, has been moved to mobile phones thanks to the new mobile application and started the era of transferring money to mobile phones. (25 July 2013)
    BKM Express mobile application can be freely downloaded from Apple Store. Sending money does not take even one minute in this application, which features an easy-to-use interface and simple screens. After clicking “Send Money” option on the main menu of mobile application and then selecting “Recipient Selection” option, the phone or card number, to which the money will be sent, will be entered. Then the bank or credit card, to which the money will be sent, the payment type and amount are entered and money transfer is completed. After the money is transferred, the recipient can withdraw the money from any ATM for 7x 24 by using the PIN, sent via SMS.

    01 January 2012
    2012

    BKM Express, National Digital Wallet of Turkey, was launched. (21 June 2012)

    BKM Express, which was implemented by Interbank Card Center (BKM) in Turkey for the first time in the world, is a revolutionary product in e-commerce. BKM Express, developed by the banks and leading companies of e-commerce industry, is combining credit cards, debit cards and prepaid cards in a single digital wallet.

  • 2008-2000
    2008
    1990

    First in the world from BKM and TURKCELL…

    Integration of 3D Secure and Turkcell mobile signature. Launch of mobile signature for credit card shopping after banking transactions for the first time in the world. Continuation of “Debit Card Awareness Campaign” with new commercials.
    As of March 2008… 800 percent growth in the number of cards in last ten years.
    Final no. of debit cards: 56,230,621
    Final no. of credit cards: 38,534,106
    No. of POS: 1,496,177
    2008 – Turkish Card Payment Sector has now become one of the largest markets of Europe thanks to almost one hundred million debit and credit cards, almost 61 percent utilization rate of credit cards for shopping, improved infrastructure with state-of-the-art technology, and many innovative products and chip&PIN application, ranging from the payments in installments and cash bonus collection opportunities, which are “the first in the world”.
    Source: Dr. Ferudun Kaya, Zonguldak Karaelmas University, Coordinator of Banking Program

    2007
    2007

    Completion of chip&PIN transition process on 30 June 2007.

    Creation of BKM 3D Secure platform, which provides secure shopping environment for cardholders and commercial websites for online shopping via credit card.
    Beginning of first  “contactless public transportation project” in Turkey.

    2006
    2006

    (TR)

    Implementation of first “contactless credit card” of Europe in Turkey.
     
    Implementation of chip&PIN application in Turkey as 3rd European country after France and UK.
     
    The most comprehensive training organization of Turkey, organized for 40,000 small and medium scaled retailers during the transition to chip&PIN.
     
    Beginning of chip&PIN promotion campaign with Okan Bayülgen.

    2005
    2005



    Beginning of utilization of first “pre-paid smart cards” by Turkish Armed Forces.
    Implementation of first contactless highway passage system (KGS).

    2004
    2004



    Beginning of “Debit Card Awareness Campaign”, in which Okan Bayülgen took a role, in order to increase utilization of debit cards for shopping.
     
    Final no. of debit cards: 43,084,994
     
    Final no. of credit cards: 26,681,128
     
    Realized total amount of debit card transactions: 68,012.71 million TL
     
    Realized total amount of credit card transactions: 64,627.61 million TL
     
    No. of POS: 912,118

    2003
    2003



    Acceleration of preparations by Interbank Card Center and member organizations for transition to chip&PIN.

    2002
    2002



    Implementation of BKM EMV chip certification service.

    2001
    2001



    Creation of domestic EMV standards for transition to chip&PIN.

    2000
    2001



    Decision of BKM and member organizations for transition to chip&PIN.
     
    Final no. of debit cards: 29,560,303
     
    Realized total amount of debit card transactions: 14,118.59 million TL
     
    Final no. of credit cards: 13,408,477
     
    Realized total amount of credit card transactions: 10,236.60 million TL
     
    No. of POS: 299,950

  • 1998-1990
    1998
    1998



    Implementation of payments in installments, mile and cash bonus collection practices, which will be used widely by cardholders in the coming years.

    1994
    1994



    Beginning of utilization of first “card with chip” in Turkey.
    Beginning of a new era in credit cards.
    Implementation of “cards with multiple partners” in Turkey for the first time in the world.

    1993
    1993



    Implementation of BKM Switch System.
    Opening ATM and POS networks of Turkish banks to each other through BKM’s Switch System.
    Acceleration of growth in card payments market.
    Final no. of debit cards: 12,668,313
    Final no. of credit cards: 1,437,800
    Realized total amount of credit card transactions: 19.32 million TL

    1992
    1992



    Utilization of “credit cards with photo” in Turkey for the first time in the world.

    1991
    1991



    Beginning of dynamism and growth in Turkish card payment sector following the foundation of Interbank Card Center (BKM).
    Launch of first electronic POS terminal.
     
    Final no. of debit cards: 5,898,918
     
    Final no. of credit cards: 766,085
     
    Realized total amount of credit card transactions: 3.30 million TL
     
    No. of POS: 1,623

    1990
    1990



    Foundation of Interbank Card Center (BKM).
     
    Foundation of Interbank Card Center (BKM) with the partnership of 13 public and private Turkish banks in order to perform interbank authorization and clearing transactions within the card payment system, find solutions to common problems, perform strategic operations throughout the country for card payment systems, and develop domestic rules and standards for credit cards.

  • 1988-1956
    1988
    1988



    Penetration and popularization of private store cards in addition to credit cards.

    1987
    1987



    Fast popularization of card payment systems.
    Increase of the numbers and transaction volumes of credit cards and commissioning of first ATM in Turkey.

    1983
    1983



    Penetration of Visa cards to Turkish market following MasterCard enabled the credit cards to be adopted and used by a larger population.

    1975
    1975



    Beginning of utilization of credit cards by a “very limited population” after the introduction of Eurocard and MasterCard.

    1968
    1968



    Arrival of card payment systems to Turkey.
    Our acquaintance with Diners Club first and American Express card immediately after.

    1956
    1956



    The years, in which credit cards started to replace cash in US. Hundreds of banks, ranging from Bank of America to Chase Manhattan, began to distribute credit cards to their customers.
     
    For the first time in the world, a US bank started to apply “an account without interest accrual for 30 days” for credit card. Penetration of credit cards, which slowly began to replace cash in US, to European markets. Distribution of first credit card in Europe by British Barclays Bank.

  • 1950-1887
    1950
    1950



    63 years after the novel of Edward Bellamy, named “Looking Backward or Life in The Year 2000″, Frank Mc Namara has introduced Diners Club card, the first model of credit cards that we use today.

    1924
    1924



    General Petroleum Company introduced an oil card, which allows to making payments without cash at fuel stations in some states of USA.

    1914
    1914



    Western Union Bank introduced the first “payment card on credit” of the world with the slogan, “buy now, pay later”.

    1894
    1894



    Hotel Credit Letter Company in USA launched the first  “payment card” of the world, which is valid only in some hotels for distinguished businessmen of those days. With this card, people had a payment system that is alternative to cash for the first time.

    1887
    1887



    The idea of making payments with card instead of cash money was introduced for the first time in a novel, titled “Looking Backward or Life in The Year 2000″ of US author, Edward Bellamy.
     
    This idea, which was very far and impossible to reach for people at those days, has become an inevitable part of our lives.