Funds collected for the realization of the payment service and funds collected for the issuance of electronic money shall be protected within the framework of the procedures and principles determined by the regulation.
DETAILElectronic money is a monetary value that is issued in return of the accepted funds, stored electronically, and used to perform payment transactions.
DETAILAs a result of the work carried out under the coordination of the FCIB (MASAK) Presidency,
DETAILThe Association is a professional organization in the nature of a public institution being formed as a legal entity, to which payment institutions and electronic money institutions operating in Turkey are obliged to be a member within the scope of Additional Article 1 of the Law no. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions.
DETAILThe members are the institutions that are authorized to operate as payment institutions or electronic money institutions pursuant to the Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions.
There are 52 electronic money institutions that are members of our Association.
There are 26 payment institutions that are members of our Association.