Turan announced that it has started fully digital money transfer from Turkey to Uzbekistan's local card systems Uzcard and Humo.
Turan, which facilitates many financial transactions for Turkish compatriots living in Turkey, continues to put an end to high commission rates in the process of transferring money to their country of compatriots.
At the same time last year, the application, which introduced the function of money transfer by name to Uzbekistan, Kyrgyzstan, Kazakhstan and Northern Cyprus, expanded the range of money transfer products with the function of card transfer in Uzbekistan after Azerbaijan.
The company, which has taken a big step in the mission of transferring their currencies between the Turkish states, will soon open a money transfer corridor in the same model in Kyrgyzstan.
It reduces costs and contributes to the reduction of dollarization in Turkestan geography by creating the possibility of transfers in their currencies to the Turkish states.
Speaking about the expansion of Turan's Uzcard and Humo, Turan Founder Özgür Bayraktar said: "After Azerbaijan, last year around this time, Turan introduced the function of transferring money to Uzbekistan by name. Although the transfer volumes are quite satisfactory, by developing new money transfer products, we have developed new money transfer products for our compatriots and We want to contribute more to the country's economy. That's why our money transfer product from Turkish Lira to SOM was very important for us In this sense, the support and effort of our business partner PayPorter is very valuable. For our Turkish compatriots living in Turkey, the largest financial technology institutions in Turkey continue to support us," he said.
Speaking about Turan's Uzcard and Humo expansion, PayPorter CEO Izzet Metcan said: "As PayPorter, we are constantly working to expand our global money transfer network and provide innovative solutions to our customers. This new partnership with Turan mobile wallet will allow Uzcard and Humo users in Uzbekistan will enable a fast, secure and affordable money transfer service.This partnership not only demonstrates PayPorter's strength and flexibility, but also our commitment to developing user-friendly solutions.Bringing together the power of mobile wallets and PayPorter's extensive correspondent network, our customers we aim to present the best at the time," he said.
The application, which plans to provide a special wallet to Azerbaijan to all users living in Azerbaijan in 2024, said that it is in the final stage of its work to enable the transfer of money from wallet to wallet between Turkey and Azerbaijan.
About Turan
Turan Technology Co., Ltd. is a financial technology company established in October 2023 and continues its activities to become a new generation financial application that can be used by users living in all Turkish States. Your e-money transactions are carried out by United Payment Services and Electronic Money JSC, licensed by BRSA and regulated by CBRT within the framework of the Law on Payment and Securities Reconciliation Systems, Payment Services and Electronic Money Institutions No. 6493. Turan Technology A.Ş. is a representative of United Payment Services and Electronic Money A.Ş. with code 8253430111.
