CBRT Revokes Electronic Money Institution Operating Licenses of Two Companies

The Central Bank of the Republic of Türkiye (CBRT) has canceled the licenses of Ozan Elektronik Para A.Ş. and A Ödeme ve Elektronik Para Hizmetleri A.Ş. to operate as electronic money institutions.

The decisions of the Central Bank of the Republic of Türkiye dated November 10, 2026, entered into force after being published in the Official Gazette dated November 11, 2026. According to the communiqués in the Official Gazette, the authorization granted to Ozan Elektronik Para A.Ş. to operate as an electronic money institution by the Banking Regulation and Supervision Board decision dated September 6, 2019, was revoked pursuant to the relevant articles of Law No. 6493.

Within the scope of the same announcement, the electronic money institution operating license granted to A Ödeme ve Elektronik Para Hizmetleri A.Ş. by the CBRT decision dated October 27, 2022, was also terminated within the framework of the same law provisions.