


According to the latest developments published in the Official Gazette, the operating licenses of Pay Fix Electronic Money and Payment Services Inc., Ininal Payment and Electronic Money and Services Inc., and Aypara Payment Institution Inc. have been canceled.
The Central Bank of the Republic of Turkey has issued an official announcement regarding these cancellations. The cancellation of the licenses for these companies was carried out to ensure financial security. This situation may have significant effects on other players in the sector.
The revoked licenses signify a notable change in the financial technology sector. It is being wondered how users and investors will be affected by this situation.
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