Turkey revokes electronic money licenses for two firms
The Central Bank of Turkey cancelled the operating licences of A Ödeme and Ozan Electronic Money, published in the Official Gazette on 11 November 2026.
KEY POINTS
- Central Bank of Turkey revoked licences of A Ödeme and Ozan Elektronik Para
- Decisions published in Official Gazette issue 33427 on 11 November 2026
- A Ödeme licence originally granted on 27 October 2022 under decision 11333/20932
- Legal basis is Law No. 6493, specifically Articles 16 and 19
- Customers in Kocaeli and across Turkey are affected
The Central Bank of Turkey revoked the operating licences of two electronic money institutions. The decision was published in the Official Gazette dated 11 November 2026, issue number 33427.
A Ödeme ve Elektronik Para Hizmetleri A.Ş. and Ozan Elektronik Para A.Ş. can no longer operate as electronic money institutions. The revocation affects customers across Turkey, including those in Kocaeli districts such as Izmit, Gebze, Darıca and Körfez.
“The Central Bank of Turkey signed two separate decisions on 10 November 2026.”
The Central Bank based the decision on Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions. For A Ödeme, the cancellation relied on Article 16, paragraph one, subparagraph (c), and Article 19 of the law.
Ozan Elektronik Para A.Ş. lost its licence under subparagraphs (c) and (e) of Article 16, paragraph one, together with Article 19. The Central Bank signed two separate decisions on 10 November 2026.
A Ödeme had originally received its electronic money institution licence through Central Bank decision number 11333/20932, dated 27 October 2022. The 10 November 2026 decision revoked that earlier authorisation.
The revocation for A Ödeme appeared on page 8 of the Official Gazette under Central Bank decision number 12113/21712. Customers are advised to follow official announcements regarding their accounts and pending transactions.
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