Telecom Lead Turkey: Turkcell, a communications and technology company, has developed Turkcell Wallet, a SIM based application that works on all mobile phones.
Turkcell said transactions can be initiated through the SIM menu on all phones, or with a native application on smartphones.
Moreover, it supports contactless payment on NFC-enabled phones. This service is available for all Turkcell customers, whether they are bank customers or not.
Turkcell makes Turkcell Wallet readily available for 28 million Turkcell subscribers from day one to provide the simple and secure mobile transaction experience 24/7.
Features of Turkcell Wallet:
- Simple, secure, and fast payment through the mobile
- E-commerce payments using a mobile phone number
- Contactless payment via NFC-enabled handsets
- Face to face payments
- Mobile Banking
- Money Transfers
- Air-time top-up
- Purchasing Package Options
- Utility payments
- Mobile loyalty program
- Offers and coupons
“Mobile communication technologies change the way of doing business and reshape the world, while finance and banking take the lead in this rapid adaption. Investing in mobile payment systems and collaborating with banks since 2008, we have introduced global firsts and become the driving force of this change in Turkey,” said Turkcell CEO Sureyya Ciliv.
Turkcell Wallet brings together the participating banks, MasterCard’s secure infrastructure, and Turkcell’s technology to combine mobile payment, mobile banking, and mobile loyalty programs in a single service to let its customers leave their wallets at home.
“We believe that Turkcell Wallet, which we initially developed in collaboration with Garanti Bank, and which will shortly see the participation of 13 other banks, will become indispensable for our customers,” said Turkcell Chief New Technology Business Officer Cenk Bayrakdar.