Recent Developments
The Communiqué on Redetermination of Minimum Equity Amounts of Payment and Electronic Money Institutions (“Communiqué“) was published in the Official Gazette dated 31 January 2026 and numbered 33154. The Communiqué revises the minimum equity amounts for payment and electronic money institutions. The Communiqué will enter into force on 30 June 2026.
What Does the Communiqué Introduce?
With this Communiqué, the Central Bank of Republic of Türkiye (“CBRT“) revised the minimum equity amounts as follows:
| Relevant Institution | Former Minimum Equity Amount | Revised Minimum Equity Amount |
| Payment services providers exclusively dealing with invoice collection | TRY 15,000,000 | TRY 20,000,000 |
| Other payment services providers | TRY 30,000,000 | TRY 40,000,000 |
| Electronic money issuers | TRY 80,000,000 | TRY 105,000,000 |
Payment and electronic money institutions must comply with the new minimum equity amounts introduced by the Communiqué until 30 June 2026.
In case of non-compliance, CBRT will be authorized to grant a reasonable remedy period not exceeding six months, to temporarily suspend the operating license of the relevant institution until the situation is remedied, and to revoke the operating license in case the relevant situation is not remedied within the specified period.
You can access our legal alerts on fintech sector, including our 2022 and 2024 legal alerts on the CBRT’s capital adequacy requirements for payment and electronic money institutions, here.
