The Central Bank of the Republic of Turkiye (CBRT) has decided to extend the scope of operating licenses of 3 payment services companies.
The CBRT’s decision to expand the scope of operating licenses of 3 payment services companies was published in the Official Gazette.
Accordingly, it has been decided to expand the scope of the activity license of Akode Electronic Money and Payment Services Inc., CEO Payment and Electronic Money Corporation Inc. and Practical Transaction Payment and Electronic Money Inc.
According to the decision, these companies will offer payment and electronic money issuance services.
The said decisions were taken in accordance with the Law on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions.
Source: Trthaber / Prepared by Irem Yildiz