# Türkiye — payment codes and schemes

> Source: https://docs.barcoder.ai/docs/payments/TR
> extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

## Summary

- **TR QR Code** is the national standard (August 2020)
- **FAST** instant payment system launched January 2021
- **4.6 billion FAST transactions** in 2024 (+41% YoY)
- **271% growth** in QR code payments (2024)
- **CBRT** operates core infrastructure

## Banking landscape

### Central Bank
- **Name:** Central Bank of the Republic of Türkiye (CBRT/TCMB)
- **Website:** https://www.tcmb.gov.tr/
- **Role:** Monetary policy, FAST system operator

### Major Banks (2024)

| Rank | Bank Name | Type | Digital Platform |
|------|-----------|------|------------------|
| 1 | Ziraat Bankası | State-owned | Ziraat Mobil |
| 2 | İş Bankası | Private | İşCep |
| 3 | Garanti BBVA | Private | Garanti BBVA Mobile |
| 4 | Akbank | Private | Akbank Mobile |
| 5 | Yapı Kredi | Private | Yapı Kredi Mobile |

### Market Structure
- **State banks:** Ziraat, Halkbank, Vakıfbank
- **Private leaders:** İş Bankası, Garanti, Akbank
- **BKM:** Interbank Card Center (overlay services)
- **Digital wallets:** Papara, Tosla, Param

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| FAST | CBRT | Instant payment | Active |
| TR QR Code | CBRT/BKM | QR standard | Active |
| EFT | CBRT | Bank transfers | Active |
| KOLAS | BKM | Easy Addressing | Active |

### FAST System Statistics (2024)
- **4.6 billion transactions** (+41% YoY)
- **271% QR payment growth**
- **24/7 operation**
- Real-time settlement in central bank money

### FAST Features
- Instant fund transfers
- QR code payments
- Request-to-Pay
- Escrow functions
- Easy Addressing (KOLAS)

---

## QR code standards

### TR QR Code

| Attribute | Value |
|-----------|-------|
| **Launch** | August 21, 2020 |
| **Regulator** | CBRT |
| **Format** | EMVCo compliant |
| **Operator** | BKM (overlay services) |

### TR QR Code Features
- Interoperability across ecosystem
- Standardized structure and rules
- Merchant-presented (static/dynamic)
- Customer-presented
- Supports innovative payment services

### QR Code Types

| Type | Description | Use Case |
|------|-------------|----------|
| Static | Fixed merchant info | Small merchants |
| Dynamic | Transaction-specific | Retail, secure |
| Long QR | EMVCo compliant | Merchant-presented |

### 2024 Transaction Limits

| Type | Limit |
|------|-------|
| FAST Transfer | TRY 100,000 |
| Dynamic QR Payment | TRY 250,000 |

- Limits increased April 4, 2024
- Transfer: from TRY 50,000 to TRY 100,000
- Dynamic QR: from TRY 100,000 to TRY 250,000

---

## Mobile payment apps

| App | Provider | FAST | TR QR |
|-----|----------|------|-------|
| İşCep | İş Bankası | Yes | Yes |
| Garanti BBVA | Garanti | Yes | Yes |
| Akbank Mobile | Akbank | Yes | Yes |
| Papara | Papara | Yes | Yes |
| Tosla | Akbank | Yes | Yes |

### Bank Mobile Apps
- All major banks integrated with FAST
- TR QR support across platforms
- KOLAS (Easy Addressing) enabled

### Digital Wallets
- **Papara:** Leading fintech wallet
- **Tosla:** Akbank subsidiary
- **Param:** P2P payments
- **Paycell:** Turkcell telecom

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [TR QR Code](https://docs.barcoder.ai/docs/payments/TR/tr-qr-code) | National QR | EMVCo | Universal | [`tr-qr-code`](https://docs.barcoder.ai/docs/standards/tr-qr-code) |
| [FAST](https://docs.barcoder.ai/docs/payments/TR/fast) | Instant payment | CBRT | 4.6B txns | [`fast`](https://docs.barcoder.ai/docs/standards/fast) |
| [KOLAS](https://docs.barcoder.ai/docs/payments/TR/kolas) | Addressing | BKM | Growing | — |

## Sources

- [CBRT - TR QR Code Regulation](https://tcmb.gov.tr/wps/wcm/connect/a3dd886f-ac9b-4e1e-b225-58821ccea36e/Regulation+on+the+Generation+and+the+Use+Of+TR+QR+Code+in+Payment+Services+with+annex.pdf)
- [CBRT - FAST System QR Press Release](https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Announcements/Press+Releases/2022/ANO2022-13)
- [CBRT - 2024 Limit Increase](https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Announcements/Press+Releases/2024/ANO2024-16)
- [World Bank - FAST Turkey Case Study](https://fastpayments.worldbank.org/sites/default/files/2023-05/World%20Bank_FPS_FAST%20Turkey_Final.pdf)
- [Transfi - Turkey Payment Rails](https://www.transfi.com/blog/turkeys-payment-rails-how-they-work---eft-fast-digital-wallet-growth)
- [Lightspark - Instant Payments Turkey](https://www.lightspark.com/knowledge/instant-payments-turkey)
- [Thunes - Turkey Digital Payments](https://www.thunes.com/insights/trends/why-turkiye-is-set-to-become-a-digital-payments-powerhouse/)
- [FTN News - FAST Limits 2024](https://ftnnews.com/travel-news/news-from-turkey/turkiyes-fast-payment-limits-increase-from-april-2024/)
- [SRP Legal - December 2024 Report](https://www.srp-legal.com/2025/03/14/on-07-03-2025-december-2024-turkey-financial-sector-payment-systems-report-was-published-on-the-website-of-the-banks-association-of-turkiye/)
- [QR Code Tiger - Turkey QR](https://www.qrcode-tiger.com/qr-code-turkey)

## Full country report

[TR-turkey.md](https://docs.barcoder.ai/docs/payments/TR)