TT Payment Services

TT Payment Services | TT Investor Relations

Year of Establishment: 2013

Business Segment:Payment Services, Electronic Money Services, Mobile Payment and Corporate Bill Payment

Türk Telekom Share: 100%

Web Site: https://www.turktelekomodemehizmetleri.com/​​​​

Türk Telekom's fintech company, TT Ödeme (TT Payment), adds value to its customers and the industry with its innovative and reliable payment solutions

TT Ödeme received its payment license in January 2017 and continues to enhance its services and products including the Türk Telekom Mobile Payment.

Pokus was launched in June 2022 to provide the best fintech products and services with innovative solutions as an operator-independent payment solution and e-wallet application accessible to all users in Türkiye. By integrating Pokus into the Türk Telekom ecosystem, TT Ödeme aims to strengthen the product's market position by enabling the widespread usage of the application and make it a part of daily life.

Innovative Solutions in Digital Payment

2024 was a standout year for TT Ödeme (TT Payment Services), marking by innovative solutions and strong growth figures within the digital payment ecosystem. Focusing on cost reduction and deepening its existing fintech solutions, the company achieved a 188% YoY increase in transaction volume through infrastructure and process improvements in its Mobile Payment line of business.

This momentum was further reinforced by a 168% increase in transaction volume for the Express Account feature within the Pokus Mobile Wallet application. In line with its strategy to generate synergy across Türk Telekom Group companies, the removal of the Mobile Payment Service Fee for TivibuGo and Muud transactions enhanced the customer experience and boosted usage rates.

Accelerating its digitalisation efforts, TT Ödeme introduced a digital Know Your Customer (KYC) process through Pokus, resulting in a 126% increase in annual transaction volume. 2024 marked a major milestone in TT Ödeme’s bill collection intermediary services. Bill payment services were offered to third parties for the first time, reaching a level of 1 million monthly bill payments.

Demand for TT Ödeme’s mobile payment solutions rose significantly in 2024. Supported by Türk Telekom Mobile Payment’s expanding network of merchants, mobile payment usage saw growth across all areas. The data clearly demonstrates this upward trend:

• Average transaction value increased by 80%,
• Transaction volume grew by 188%,
• Number of transactions rose by 57%, and
• Number of subscribers grew by 29%.

TT Ödeme’s digital wallet and e-money solutions also expanded rapidly in 2024. Usage of Pokus Card and its e-money applications showed notable growth:

• Transaction volume increased by 126%,
• Number of transactions rose by 39%, and
• The amount of balance transferred to accounts grew by 85%.