Minimum Equity Requirements for Payment and Electronic Money Institutions Increased
10.03.2025
The Regulation on the Reassessment of Minimum Equity Requirements for Payment and Electronic Money Institutions was published in the Official Gazette on 30 January 2025.
The minimum equity requirements for payment and electronic money institutions operating under Law No. 6493 on Payment and Securities Settlement Systems, Payment Services, and Electronic Money Institutions have been revised as per the Regulation. Accordingly:
- - The minimum equity requirement for payment institutions exclusively providing services for bill payment transactions has increased from 10 million Turkish lira to 15 million Turkish lira.
- - For other payment institutions, excluding those offering services that provide consolidated information on users’ payment accounts held with different payment service providers via online platforms, the minimum equity requirement has been raised from 20 million Turkish lira to 30 million Turkish lira.
- - The minimum equity requirement for electronic money institutions has increased from 55 million Turkish lira to 80 million Turkish lira.
These increased amounts will come into effect as of 30 June 2025. Existing payment and electronic money institutions are required to adjust their equity levels in compliance with the new minimum requirements by this date.
You can access the full text of the regulation here. (Only available in Turkish).
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