Central Bank Of Turkey General Directorate Of Payment Systems And Financial Technologies Department Published Data Sharing Services API Principles For Payment Services And Rules

Data Sharing Services API Principles for Payment Services ("Guide") was published on 16 February 2022 by the Central Bank of Turkey General Directorate of Payment Systems and Financial Technologies.

The Guide aims to regulate the API principles and rules of data sharing services on payment order initiation service and account information services ("Services") in accordance with Payment Services Directive 2, which recently added to Law numbered 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions ("Law numbered 6493")

Notable regulations in the Guide are as follows:

• The regulations regarding the consent to be obtained for the Services are included in chapter 4 of the Guide, and the provision of the Services is dependent on the consent of the user. How to obtain consent for services is regulated in Law numbered 6493 and secondary legislation. The Payment Service User ("User") begins the Services with the