Turkish payment system launches money transfers to Central Asian countries

The Turkish payment system Turan Teknoloji Anonim Şirketi (Turan) plans to launch money transfers from Türkiye to Central Asian countries in November.

“Turan will provide new opportunities for clients wishing to send funds to Central Asian countries. The move reflects the company's commitment to expand its global network and meet customer demands for convenient and secure money transactions. We are proud to be able to offer our clients the opportunity to send money to Central Asian countries. Our goal is to provide simplicity and convenience in every transaction, making the transfer process as simple as possible for our customers,” Edgar Abdullayev, General Director of United Payment LLC, told Trend .

It should be noted that money transfers are currently being successfully carried out through the Turkish payment system Turan Teknoloji Anonim Şirketi (Turan) to Azerbaijan. Monthly transfers amount to approximately 9.5 million Turkish lira ($33,000). Turan aims to increase this figure to 10 million liras ($34,000) in October and 37.5 million liras ($1.3 million) per month in 2024.

The Turan payment system currently has more than 120 thousand active users. More than 700 thousand transactions are carried out monthly.