Non-cash payment methods and the use of electronic money are visibly increasing in individual and corporate areas. In this framework, Law No. 6493 on Payment and Securities Reconciliation Systems, Payment Services and Electronic Money Institutions (Law) was published in the Official Gazette dated 27.06.2013 and entered into force to regulate the relations between service providers and service recipients, to ensure the confidence in the sector by rendering the service providers subject to the permission and control of an authority. The law also imposes many obligations on payment systems and other matters related to internal systems, information systems and activities related to electronic money institutions. This law, in particular the acquisition of operational permits, imposes many obligations on payment systems and other electronic money institutions regarding other issues related to their internal systems, information systems and activities. The Communiqué and Regulation issued in relation to the Law determine the working and operating principles of payment systems and payment and electronic money institutions. Some of the services we provide to our clients in order to fully fulfill their obligations under the relevant legislation are as follows:

  • Preparation of special contract and risk analysis reports for the business model they want to implement
  • Preparation of all necessary documents and documents so that they can obtain an operating permit in accordance with the provisions of the relevant legislation
  • Providing legal consultancy services to providers and providers
  • Monitoring and concluding any violations that may occur