More payment methods

Troy

Enhancing Payment Security and Sovereignty in Turkiye

Troy is a national card payment scheme introduced by the Interbank Card Center (BKM) of Turkey. Designed to bolster payment security and promote financial independence, Troy provides a range of payment solutions, including debit cards, credit cards, and contactless payments, tailored to the Turkish market’s unique needs.

% of coverage
  • Country

    Turkiye

  • Population

    85 million (estimated)

  • Number of Internet users

    72 million (estimated)

  • Popular payment methods

    Credit Cards, Debit Cards, E-Wallets, Bank Transfers, Cash Payments

% of coverage
  • Credit Card

    40%

  • Debit Card

    30%

  • E-Wallets

    15%

  • Cash Payments

    8%

  • Bank Transfers

    5%

  • Other

    2%

Payment Method Overview
  • Type:National Card Payment System
  • Currency:Turkiye Lira (TRY)
  • % of coverage:30% of Turkey’s card payments market (estimated)
  • Money transfers to date:500 billion TRY (estimated)
  • Total customers: 40 million (estimated)
  • Refunds:Yes, limited by bank policies
  • Chargebacks:Yes

About payment system

Troy serves as a testament to Turkiye’s dedication to strengthening payment security and fostering financial autonomy. As a national card payment scheme, Troy offers a suite of payment solutions that prioritise local infrastructure and partnerships.

Troy cards, including debit and credit cards, provide users with a secure and seamless way to make payments at a variety of merchant locations, both online and offline. With an emphasis on contactless payments, Troy contributes to a faster and more convenient payment experience.

Troy’s localised approach aligns with Turkey’s vision for payment sovereignty and the development of its financial ecosystem. By relying on domestic payment solutions, Turkiye reduces its dependence on international card networks, promoting economic self-reliance.

The card payment scheme’s commitment to security and innovation is reflected in its adoption of the EMV standard, encryption technologies, and multi-factor authentication. These measures not only protect users’ financial data but also instil confidence in the broader payment landscape.

Troy’s journey highlights Turkiye’s drive to create a more secure, efficient, and self-sufficient payment environment. As the country continues to advance its digital economy, Troy remains a pivotal element in shaping how Turkiye consumers and businesses engage in financial transactions, setting a foundation for a more robust and sovereign payment ecosystem.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

apple pay png

Apple Pay

Apple Pay: Discover payment solutions worldwide

Apple Pay is a mobile payment service. Discover payment solutions for emerging markets at spoynt.com

Interac

Interac

Online banking

Interac Online is one of Canada's leading electronic payment services.

PromtPay QR

PromptPay QR

QR Payment

PromptPay QR is an innovative digital payment solution.

Przelewy24

Przelewy24

Online banking

P24 is a leading online payment method and payment gateway in Poland.

Mobiphone Money

MobiFone Money

MobiFone Money: Discover payment solutions in Vietnam

MobiFone is the first mobile money service provider in Vietnam. Discover other payment solutions at spoynt.com

Rapipago

Rapipago

Online banking

Rapipago is a leading cash payment network in Argentina.

Pep

PeP

PeP: Discover payment solutions in Poland

PeP is an online payment solution for e-commerce in Poland. Discover other payment options at spoynt.com

Vodafone Cash

Vodafone Cash

Mobile money

Vodafone Cash is an innovative mobile money platform.

PayBol

PayBol

PayBol: Discover payment solutions in Turkiye

PayBol is a digital wallet developed in Turkiye. Discover other payment solutions at spoynt.com

Quick Transfer Asia

Quick Transfer

Online banking

Quick Transfer is a providing a convenient way to move money quickly.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.