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Turkish "Fintech" Sipay enters the Azerbaijani market

Cəmil Hüseynzadə
12 September 2024 12:08
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Turkish "Fintech" Sipay enters the Azerbaijani market

Turkey's fastest growing payment organization "Sipay" is preparing to enter the Azerbaijani market.

This was announced by the CEO of the company, Semih Musabak.

According to him, FinTech company "Sipay" is planning to leave Turkey and enter the markets of Azerbaijan and Great Britain in 2025.

100% of the authorized capital of "Sipay" company located in Istanbul belongs to Nezih Sipahioglu. "Sipay", established in 2019, was the fastest growing fintech company in Turkey in the "Deloitte Technology Fast 50" ranking in 2023.

Sipay offers payment solutions for businesses and individuals. The company has integrated card and cardless payments, money transfers and many alternative financial solutions in one panel with its digital wallet infrastructure. It offers 24/7 transactions with Sipay's fast and reliable Virtual POS infrastructure and next-generation physical POS.

Unlike long and difficult virtual POS application processes, with Sipay, it is possible to start accepting payments with debit and credit cards at affordable rates within 24 hours without having to sign contracts with all banks individually. Member companies using Sipay Virtual POS can make installment sales to credit cards of all banks.

It is possible to accept payments instantly with the "Payment with Sipay Wallet" button integrated on the site. This provides peace of mind and confidence to customers who don't want to share their credit card information. All payments can be easily collected by creating a payment link using the "Pay by Link" service, designed for member businesses that sell online but don't yet have a website.
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