Şahin | Doğan Law, provides services in the field of Electronic Money and Payment Services Law, which has gained increasing importance in recent years due to technological advancements and the accelerated process of digitalization. Developments in this field in Turkey have been reflected in legal regulations, and relevant legislation has been established.
Electronic money can be simply defined as values existing in electronic form and accepted as a unit of currency. These values are held in the electronic wallets of the institutions issuing electronic money and can be used as a means of payment. Electronic money is regulated in Turkey by the Law on Electronic Money and Payment Institutions and relevant regulations.
Payment services refer to monetary transfer transactions conducted in electronic form. Various electronic payment methods include credit cards, debit cards, virtual cards, mobile payments, and more. In Turkey, activities in this field are carried out by payment service providers in accordance with the Law on Electronic Money and Payment Institutions and relevant regulations.
In the field of electronic money and payment services law, issues such as consumer protection, security of payment systems, and the ability to conduct transactions quickly and easily hold significant importance. Legal regulations in this field aim to monitor the activities of electronic money and payment service providers, protect consumer rights, and ensure the security of payment systems.
Electronic money and payment services law in Turkey, like other legal areas, is an ever-changing and evolving field. Therefore, organizations and consumers operating in this field should be careful to monitor legislative changes and ensure compliance.
