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ARTICLE · 26 JUNE 2019

Secure Mobile Payment And Electronic Document Management System Will Enter Into Force On 1 September 2019

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Secure Mobile Payment and Electronic Document Management System ("System") will enter into force on 1 September 2019.

TurkeyFinance and Banking
E. Benan Arseven
E. Benan Arseven
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Secure Mobile Payment and Electronic Document Management System ("System") will enter into force on 1 September 2019.

The System will apply to the following carried out by means of physical/virtual cards or non-physical payment software applications ("Devices Receiving Payment"):

  • Sales, payment, and collection transactions realized through financial institutions or payment recording device manufacturers
  • The process of creation, transmission, storage and submission of electronic financial documents regarding these transactions.

Application to the System is not mandatory for taxpayers. The below listed taxpayers may benefit from the System via financial institutions or payment recording device manufacturers who wish to render services within the scope of the System:

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