Cards · Middle East & North Africa · Available
Mastercard in Türkiye
Mastercard is one of the payment methods in Türkiye. Payments are made in TRY; the method supports pay-in, payout, recurring, refund; settlement: T+1; chargebacks: under the scheme rules. The payments regulator in Türkiye is Türkiye Cumhuriyet Merkez Bankası (TCMB). Providers for Mastercard in Türkiye in the Tranzify catalogue: SmartFlow.
Key facts
- Currency
- TRY (Turkish lira)
- Operations
- Pay-in · Payout · Recurring · Refund
- Settlement
- T+1
- Chargebacks
- under the scheme rules
- Payments regulator
- Türkiye Cumhuriyet Merkez Bankası (TCMB)
Providers for Mastercard in Türkiye
| Provider | Provider type | Supported operations | Status at Tranzify |
|---|---|---|---|
| SmartFlow | Acquirer | Pay-in, Payout, Recurring, Refund | Available |
How a payment goes through
- 1The payer enters the card on the hosted checkout; the number is encrypted before it leaves the page
- 2The vault stores a token; routing picks the acquirer by BIN, country and amount
- 33-D Secure when the issuer asks; the acquirer authorises
- 4Callback to the merchant, status in the journal for five years
Other payment methods in Türkiye
| Type | Payment methods | share of e-commerce payments |
|---|---|---|
| Bank transfers & instant payments | Havale / EFT (Turkey) | — |
| Cards | Visa | — |
| Cards | Troy | — |
| Wallets | Papara | — |
Mastercard in other countries
Frequently asked questions
Which providers offer Mastercard in Türkiye?+
In the Tranzify catalogue Mastercard in Türkiye is offered by SmartFlow. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is Mastercard used in Türkiye?+
The catalogue has no published market share for Mastercard in Türkiye; the method is listed among the country's payment methods.
Which operations does Mastercard support in Türkiye?+
Mastercard supports pay-in, payout, recurring, refund. Settlement is T+1 and chargebacks are under the scheme rules; the amounts are in TRY.
Who holds the licence for Mastercard in Türkiye?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Türkiye is Türkiye Cumhuriyet Merkez Bankası (TCMB).
Articles about Türkiye
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