Case Study

Defining a Turkish payment scheme in line with local requirements

Defining a Turkish payment scheme in line with local requirements

Pages 2 Pages

fime.com CASE STUDY One Action. A billion transactions. CUSTOMER REQUIREMENTS As part of its mission to standardize Turkish payments operations, BKM approached FIME to assist with the development and rollout of Turkey’s first domestic scheme, Troy (Turkey’s Payment Method). This strategic initiative was to be supported by all Turkish banks and managed by BKM. To develop Troy, BKM required a partner that could provide expert consultancy and training from the very start, as well as offer testing and development support throughout the project. BKM’s key areas for support were: • Understanding the requirements and process of developing a payment scheme. • Defining the scheme’s technical specifications for both contact and contactless payments. • Developing the certification body and test

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