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After the launch of a national payment system, what next?

Building a national payment system is a huge undertaking. Prior to launch, banks and non-banks have to collaborate on the governance, rules and features of the system. They have to build coverage across open and instant rails. This takes thorough planning, clear communication and strong supporting processes and branding. Launching a national payment system is [...]

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Turkey launches a national payment system

Turkey is set to launch a national payment system, the national payment scheme is due to be implemented by 2016 and is currently being branded as TROY. “Our sector is moving fast, both locally and globally.  We need a local solution, that will bring independence and economies required to innovate in payments,”comments Soner Canko, CEO, BKM (Interbank Card Center of Turkey ). “The Turkish [...]

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