The most important electronic payment methods in Turkey:

In this article, we will talk about the most important methods available for online payment in Turkey and ways to obtain them, after the electronic marketing has become an urgent need for entrepreneurs who want to enter the ever-growing online market.

In this article, we will focus on the most common methods used in electronic payment, and from it you will be sufficiently familiar with electronic payment within banks and Turkish payment gateways.

What is electronic payment: It is any method that allows financial payments to be made from the sender who wants to buy and the future who wants to sell via the Internet without the need to resort to traditional payment methods such as paying in cash.

Online payment allows merchants and business owners to expand their activities quickly and easily. It also allows customers to easily and easily shop through electronic stores, which increases the flexibility of communication between the seller and the customer within the electronic markets.

The most popular electronic payment methods:

Pay by credit or bank card and other similar types of cards.
Pay using an electronic bank account.
Pay using popular payment gateways such as Stripe or Paypal.
Pay with digital currencies such as Bitcoin.
In addition to many other similar methods.
In this article, we will highlight the most used and most effective methods today in Turkey, which is payment using an electronic payment card or a bank card.

An electronic payment card (credit card) or a bank card, which is the card that the subscriber obtains after opening a bank account in a bank. It is usually used to withdraw or deposit funds through an ATM and also can be used to pay via the Internet.

How to obtain an electronic portal to receive electronic payments: If you are someone who wants to build an e-commerce website or who sells his products in the market and wants to collect his payments from customers easily and quickly, you must have an electronic payment gateway through which you allow your customers to buy your products or pay their financial dues.

In Turkey, to obtain such a service, you have two options:

The first option is to visit a Turkish bank and apply to open a so-called virtual point of sale.

In English: V-POS, In Turkish: Sanal POS

The first option is considered relatively difficult as Turkish banks do not agree to anyone to such a procedure, so before visiting the bank, you must make sure of the following so that the percentage of acceptance of your request increases:

Make sure that you have official documents that prove your ownership of a company within Turkey, which is a necessary and indispensable condition.
Make sure that your company already has an account with the bank you intend to visit, this is better and not necessary.
Make sure that your company's bank account contains funds and some financial movements, which increases your chances of acceptance.
Visit the same branch in the same area that you visited previously when opening a bank account for your company.
Make sure that your online payment page is ready and can be visited even if you do not intend to activate it for customers yet.
On your online payment page, it must be secured by the security and encryption protocol (SSL).
You must display some samples of your products or services on your site, even if you do not really want to start selling now.
The second option, which is Turkish electronic payment gateways, is a relatively easier option compared to banks, as it requires you to fulfill what was mentioned in the first option completely with the difference that electronic payment gateways usually accept orders quickly and with a greater acceptance rate compared to banks.

You can visit the electronic payment gateways and submit the request manually or directly enter their website and submit the request electronically.

Here are some examples of Turkish portals:

Eziko

Bye yo

Bye tr

Mocha

Hbsi Bay

Bye leave

Turk Para

After opening an electronic payment account: Usually, a detailed message is sent to the e-mail of the person submitting the request, containing the entry and usage information for the default electronic payment point obtained by the bank or the electronic payment gateway.

The next stage is the programmatic linking process between your website and the default electronic payment point, where the software linking mechanism is explained in detail within the programmatic linking guide that the payment gateway or bank provides to you.

We will talk in a later article on more details related to payment in installments, payment with non-Turkish cards and also payment in different currencies.

We will also compare banks and electronic payment gateways in terms of advantages and challenges.

We thank you for your time and we hope that we have succeeded in answering some of the questions regarding electronic payment