The CBRT revoked the operating licenses of two payment institutions
Original headlineTCMB, iki ödeme kuruluşunun faaliyet iznini iptal etti
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The Central Bank of the Republic of Türkiye (TCMB) revoked the operating licenses of two payment firms, A Ödeme ve Elektronik Para Hizmetleri AŞ and Ozan Elektronik Para AŞ. The decision removes both companies from the roster of institutions authorized to provide payment and electronic money services in Türkiye. The TCMB did not disclose a reason in the article, leaving the grounds for the cancellations unclear. The move matters because license revocation forces affected customers and merchants to migrate to alternative providers and signals tighter supervisory scrutiny of the sector. What to watch next is whether the TCMB publishes detailed justification and how quickly the firms wind down or transfer customer balances.
Muhabbit's AI wrote this summary in its own words from Sabah Ekonomi's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Türkiye Cumhuriyet Merkez Bankası, Ozan Elektronik Para AŞ, A Ödeme ve Elektronik Para Hizmetleri AŞ