Turan became the first digital wallet of United Payment operating under a license in Azerbaijan

Turan, one of Turkey’s largest financial applications, has announced that it has launched a digital wallet in Azerbaijan under the license of United Payment. This development will be an important step in Turan’s vision to strengthen financial integration in the Turkic world.

The application is rapidly progressing towards becoming a digital bridge connecting the Turkic world, in addition to being a financial application, and is preparing to enter the Azerbaijani market and establish a regional Turkish financial ecosystem.

Turan (United Payment), the only financial application preferred by Turkish nobles in Turkey, is preparing to implement licensed digital wallet applications in other Turkic countries such as Kazakhstan, Kyrgyzstan and Uzbekistan in the near future.

This will contribute to the financial freedom of millions of people

Aiming to create money transfer corridors between Turkic countries, Turan offers money transfer opportunities to Azerbaijan, Kazakhstan, TRNC, Kyrgyzstan and Uzbekistan within seconds. The application, which reaches millions of liras in daily transfer volume, facilitates the financial transactions of Turkish compatriots living in Turkey and continues to provide 100% digital and affordable financial services to all its users in Turkey.

These services make cross-border transactions more accessible and faster, contributing to the financial freedom of millions of people in the Turkic world.

We continue to eliminate financial borders in the Turkic world

Sharing his thoughts on the subject, Turan’s founder and CEO Özgür Bayraktar said: “Starting operations with a license in Azerbaijan is a major step towards strengthening financial integration in the Turkic world. Turan will completely change the money transfer corridors between target countries by strengthening its money transfer infrastructure between wallets. Providing faster and cheaper solutions compared to traditional banking systems, Turan will eliminate financial borders in the Turkic world and provide easily accessible financial services to millions of people.”

Edgar Abdullayev, CEO of United Payment in Azerbaijan, Turan’s business partner, with whose license Turan uses and operates in the Turkic States, noted: “As a strong Turkish company serving the fintech sector of the region, our contributions to our home country, Azerbaijan, are very valuable. We are fully confident that United Payment, which has undergone the licensing process, will further advance Turan’s success. Thanks to the strong infrastructure of “United Payment”, we aim to make great contributions to the digitalization of finance in Azerbaijan with Turan’s innovative applications”.

Note: Turan is a product of United Payment LLC, operating under the Electronic Money Organization license of the Central Bank of the Republic of Azerbaijan with registration number EPT-002.

To download the application:

IOS: https://apps.apple.com/az/app/turan-az%C9%99rbaycan/id6742053821

ANDROID: https://play.google.com/store/apps/details?id=com.turan.mobile.az