There are several ways for licensed institutions residing abroad to provide payment services in Türkiye. These include obtaining an operating license in Türkiye, international cooperation and representation.
In this information note, the steps that institutions must fulfill in order to obtain an operating license, the conditions for the licensed institution residing abroad to establish a cooperation relationship with payment institutions residing in Türkiye (unless otherwise stated in this information note, the term payment institution will be used in the sense of payment and electronic money institution in accordance with its use in the legislation) and general regulations within the scope of representation relationship will be reviewed.
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