It is well-known, that recently Turkey is experiencing considerable economical growth. Since the Internet and smart-phones have penetrate the market, Turkey has taken a ply towards pursuing innovations. So, it gets more and more financial transactions being conducted over the Internet.

Cross-border financial and goods flows are getting a significant importance for Turkish economy. Its market tends to be of the second scale in Eastern Europe. Rapid and seamless connection among business partners is crucial for the country’s commercial prosper.

On the other hand, Turkey is famous of being a bewildering country concerning international trade. Especially in terms of commerce throughout Internet, it has severe restrictions. For instance, in order to perform on the Turkish market, for IT company it is necessary to have a physical presence in the country plus taxation and other burdens. Besides, to commit processes connected to financial transactions, it is mandatory to obtain licenses from the Banking Regulatory and Supervisory Board.

In view of the above, making and receiving payments is becoming trickier. Thousands buyers and sellers are complaining due to numerous obstacles of running business in Turkey. Many processors simply can’t operate within the Turkish boundaries. Merchants are desperately looking for payment processing options, which will satisfy both their and Turkish government requirements.