Communiqué on Redetermination of Minimum Equity Amounts for Payment and Electronic Money Institutions
The Communiqué on Redetermination of Minimum Equity Amounts of Payment and Electronic Money Institutions (Communiqué) is published in the Official Gazette dated 30.01.2025 and numbered 32798. The Communiqué enters into force on 30.06.2025 and amends the minimum equity amounts stipulated in Article 33 of the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (Regulation).
The Communiqué amends the minimum equity amounts stipulated in Article 33 of the Regulation as follows:
- TRY 15,000,000 for payment institutions providing services for the intermediation of invoice payments,
- TRY 30,000,000 for other payment institutions, except for payment institutions that provide consolidated data through online platforms regarding the payment account of payment service users under payment service providers,
- TRY 80,000,000 for electronic money institutions.
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