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BKM Express

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BKM Express is a popular online payment method in Turkey that allows users to pay for goods and services using their smartphone or computer. It was developed by the […]

Certified payment providers 3
Market coverage 1
  • Turkey
Currencies 1
  • Turkey Lira
Description

BKM Express is a popular online payment method in Turkey that allows users to pay for goods and services using their smartphone or computer. It was developed by the Turkish Banks Association (BKM) and is widely used throughout the country.

To use BKM Express, users first need to sign up and add payment information, such as credit cards or bank accounts, to their BKM Express account. They can then make online payments using their BKM Express account, without having to enter their payment information each time.

BKM Express is accepted by many Turkish businesses, including large retail chains, utility providers, e-commerce sites, and travel companies. It can also be used to transfer money to other BKM Express users.

In terms of security, BKM Express uses advanced encryption protocols to protect users’ payment information, and users can also activate additional security measures such as PIN codes or passwords for their accounts.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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