TCMB - Press Release on Upper Transaction Limit of FAST System (2021-06)
Central bank: tcmb | Type: decision | Date: 2021-01-29

Press Release on Upper Transaction Limit of FAST System (2021-06)
No: 2021-06
29 January 2021
Press Release on Upper Transaction Limit of FAST System
The upper transaction limit of the FAST System is raised to TRY 1,000.
The number of users registered in the Easy Addressing System, which allows initiation of payments easily and rapidly using Turkish ID numbers, phone numbers or email addresses, has reached 5.3 million.
The upper limit for transactions at the FAST system has been raised to TRY 1,000 as of today. Interoperability of the FAST system with higher limits and new value-added services that will enhance user experience, such as QR code payments, will be possible in the future.
These developments, which will strengthen the basic infrastructure in the field of payments, will make innovative financial technologies an indispensable part of daily life and provide major contributions to the target of full-fledged digitalisation of the economy.
Press Release on Upper Transaction Limit of FAST System (2021-06)