TCMB - Press Release on Papara Elektronik Para A.Ş. (2025-34)
Central bank: tcmb | Type: decision | Date: 2025-05-27

Press Release on Papara Elektronik Para A.Ş. (2025-34)
No: 2025-34
May 27, 2025
Press Release on Papara Elektronik Para A.Ş.
During this process which will involve coordination with the relevant institutions, payment transactions provided through the Institution will be temporarily subject to daily limits. Details will be announced by the Institution.
As per Article 22 of Law No. 6493, payment service users’ funds at payment and electronic money institutions are secured in safeguarding accounts at banks.
The CBRT carries out oversight and supervision to ensure safe, uninterrupted, effective, and efficient operation of payment and electronic money institutions.
Authorized Payment and Electronic Money Institutions and the Scopes of Their Operating Licenses are available
Press Release on Papara Elektronik Para A.Ş. (2025-34)