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UPT

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UPT (or “Akıllı Bilet Sistemi” in Turkish) is an electronic payment system used for public transportation in Turkey. It allows users to pay for their trip using a contactless […]

Certified payment providers 2
Market coverage 1
  • Turkey
Currencies 1
  • Turkey Lira
Description

UPT (or “Akıllı Bilet Sistemi” in Turkish) is an electronic payment system used for public transportation in Turkey. It allows users to pay for their trip using a contactless card, called “Istanbulkart”, which can be loaded with money.

In addition to public transportation, Istanbulkart can also be used to pay for parking, ferries, museums and tourist attractions, as well as to receive discounts in certain shops.

The UPT system is widely used in major Turkish cities, especially in Istanbul, Ankara, and Izmir, and is considered a convenient and efficient way to pay for public transportation.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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