History

The Interbank Card Center (BKM) was founded in 1990 through a partnership between 13 public and private Turkish banks. Today, The Central Bank of the Republic of Türkiye (TCMB) is the controlling shareholder. BKM is a technology-focused institution that provides secure and fast solutions for the payment systems ecosystem.

Recognized as a world leader in its field due to its efficient operations and high transaction volume, BKM  focuses on providing the best service to the retail sector, the public, and individuals in payment systems with its solid technical equipment and human resources. Today, BKM is committed to developing digital payments and aims to make payments more efficient, convenient, speedy, secure, and reliable by creating national infrastructures and systems.

The main activities of BKM are carrying out the authorization, clearing and settlement operations between its members, developing the procedures applicable to its members and parties in the credit card, debit card and prepaid card sector, forming the domestic rules and regulations, making efforts concerning 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 building, managing and developing secure, fast and cost-effective systems, platforms and infrastructures for payment systems that enable and support all kinds of payments or money transfers without the need for cash.