Bankalararasi Kart Merkezi A.S.

Bankalararasi Kart Merkezi A.S. operates as an interbank card center in Turkey. The companys activities include carrying of authorization operations between banks; developing procedures applicable for banks in the credit card and debit card sector; forming domestic rules and regulations; making procedures in relation to the provision of standardization and taking relevant decisions; establishing relations with international organizations and commissions, and representing the members in these organizations; and executing ongoing bank operations from a single central operation site. It also provides domestic clearing and settlement, message switching, statistical information reporting, switch fee billing, Internet shopping, data warehouse, charge back document sharing, central merchant database, brand sharing clearing and settlement, joint POS management, international settlement, and corporate communication and marketing services. The company was founded in 1990 and is based in Istanbul, Turkey.