Business · Companies · 3 hrs ago
Turkey revokes operating licences of two electronic money companies
Turkey’s central bank revoked the electronic money licences of two companies: Ozan Elektronik Para and A Ödeme ve Elektronik Para Hizmetleri.
The decisions concern their permission to operate as electronic money institutions in Turkey.
Ozan received its licence in 2019, while A Ödeme received its licence in 2022.
The central bank cited provisions of Turkey’s payments law as the basis for both revocations.
The decisions were dated 10 November 2026 and published in the Official Gazette; one account gives 11 November as the publication date.
Both companies have lost permission to operate as electronic money institutions, and the notices give no further information about the reasons or what happens next.
Turkey’s central bank revoked the electronic money operating licences of Ozan Elektronik Para A.Ş. and A Ödeme ve Elektronik Para Hizmetleri A.Ş.
The decisions were dated 10 November 2026, according to Bloomberg HT.
The notices were published in Turkey’s Official Gazette on 11 November 2026, Bloomberg HT reported.
The notices cited provisions of Turkey’s Law No. 6493 as the basis for the revocations.
- Who
- The Central Bank of the Republic of Turkey revoked the licences of Ozan Elektronik Para A.Ş. and A Ödeme ve Elektronik Para Hizmetleri A.Ş.
- What
- It withdrew both companies’ permissions to operate as electronic money institutions.
- When
- The decisions were dated 10 November 2026. They were published on 11 November 2026, according to Bloomberg HT.
- Where
- Turkey.
- Why
- The notices cited provisions of Law No. 6493. The specific reasons for the revocations were not stated.
This story does not have two clearly opposing sides.
The central bank dated its decisions revoking the two companies’ operating licences.
The decisions were published in the Official Gazette, according to Bloomberg HT.
- Companies
- Ozan Elektronik Para A.Ş.; A Ödeme ve Elektronik Para Hizmetleri A.Ş.
- Decision date
- 10 November 2026
- Publication date
- 11 November 2026, according to Bloomberg HT
- Legal basis
- Law No. 6493
- Ozan’s original authorisation
- 6 September 2019; decision No. 8538
- A Ödeme’s original authorisation
- 27 October 2022; decision No. 11333/20932
2 sources
What people are saying
Ozan Elektronik Para A.Ş.'ye 20/6/2013 tarih ve 6493 sayılı Ödeme ve Menkul Kıymet Mutabakat Sistemleri, Ödeme Hizmetleri ve Elektronik Para Kuruluşları Hakkında Kanun (Kanun) kapsamında 6/9/2019 tarih ve 8538 sayılı Bankacılık Düzenleme ve Denetleme Kurulu Kararı ile verilen elektronik para kuruluşu olarak faaliyette bulunma izninin Kanunun 16 ncı maddesinin birinci fıkrasının (ç) ve (e) bentleri, 19 uncu maddesi ve 21 inci maddesinin sekizinci fıkrası uyarınca iptal edilmesine karar verilmiştir.