In Turkey, the top three (3) online payment methods consists of VISA, MasterCard and PayPal. Alternative local payment method called BKM Express (eWallet) and Troy (local card) gain popularity. Looking to accept these payment methods? Let us help you. We find the right payment providers suited for your products or services, size and target markets. Start here ».
It’s important to understand that PayPal is not currently available in Turkey. This means you won’t be able to use your PayPal account for sending or receiving money within the country. However, you can still log in to your account and manage your existing transactions.
Why is PayPal not available in Turkey?
In 2016, PayPal ceased operations in Turkey due to changes in banking regulations. These regulations made it difficult for PayPal to comply with local laws and provide its services effectively.
What are the alternatives to PayPal in Turkey?
Don’t worry, there are plenty of other payment options available to you in Turkey even though PayPal isn’t available. Here are a few popular options:
- BKM Express: This is a widely used e-wallet in Turkey that allows you to make online payments and transfer money to other users.
- Paycell: Another popular e-wallet that offers similar features to BKM Express.
- GPay: Google Pay is also available in Turkey and can be used for contactless payments at participating merchants.
- Credit and debit cards: Most major credit and debit cards are accepted in Turkey, both online and in stores.
What if you need to send or receive money internationally?
If you need to send or receive money internationally, there are still a few options available. You can use a different e-wallet that is available in both Turkey and your destination country, or you can use a traditional wire transfer.
Here are some additional things to keep in mind:
- If you are a Turkish citizen living abroad, you may still be able to use your PayPal account. However, you will need to have a bank account in a country where PayPal is available.
- If you are visiting Turkey and need to make a payment, you can use your credit card or a local e-wallet.
- It is always a good idea to check with the merchant or service provider you are using to see what payment methods they accept.
Note that this information is based on what I believe to be the current state of affairs in Turkey. For the most recent information, it is always best to check with PayPal or your local bank.
Additional Resources:
Household Internet Access Rate
2.9 billion USD (2015 est.)
Turkey E-commerce Market Profile
Find below the key stats for the Turkish ecommerce market. Here you can find the most popular online payment methods in Turkey. Let us locate the finest payment service providers especially for your business. Would you like to know which payment service providers in Turkey can help you accept payments online? Compare, choose, and get in touch right away. Start here ».
✅ How to Open a PayPal Account in Turkey (Full Guide)
FAQ
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