Turkey Payment Gateway
The Turkish e-commerce market is estimated at $ 14 billion. Growth is expected to be 14.59% from 2021 and is projected to reach $ 25.6 billion by 2025.
This growth rate for e-commerce in Turkey is due to the government, which has committed itself to expand the access of the population to high-speed digital technologies. Data from The World Bank shows that over 74% of Turkey’s population has access to the Internet.
Turkey’s position as a gateway between Europe and the Middle East can facilitate further international investment and growth of its e-commerce industry as it can act as a regional hub for international trade participants.
Now let’s turn our attention to Turkish payment gateways.
Turkey’s payment gateways authorize payments for traditional businesses, retailers and other online businesses. We invite you to get acquainted with the main players in this business, and choose the best payment gateway in Turkey.
What are payment gateways?
A payment provider is a financial institution, which centers on payment solutions. This service automatically accepts, declines, or verifies card processing via secured internet links.
Why you may need a payment gateway?
A payment gateway is a solution that makes online transactions possible. It offers:
- Online payment processing;
- Transaction security against cybercriminals;
- Clients’ data privacy;
- Increases payment conversion.
What is the best payment gateway in Turkey?
Along with PayOp, we recommend the three best payment gateways for Turkey that offer quality payment processing services:
- Multi-currency processing around the world;
- Local acquiring;
- Accept high-risk industries;
- An optimal payment gateway for woocommerce Turkey.
- Integrated payment analytics
- Worldwide availability;
- Web and mobile payments;
- Wide-ranging payment methods and fraud prevention.
- The international payment gateway for Turkey;
- Multi-currency, multi-language payment methods;
- Recurring payments;
- Personalized payment & checkout options.
- A+ rating & BBB accreditation;
- Unified payment page protected from fraud;
- Credit & debit cards accepted.
Cards are the leading payment method for Turkish customers. Moreover, Turkey’s location attracts further growth in its e-business, as it acts as a global hub for merchants.
