Param
Financial ServicesIstanbul, Turkey201-500 Employees
Param is a Turkish financial services company established in 2014 as Türkiye’s first licensed electronic money institution, licensed by BDDK. Based in Ünalan, Istanbul, it provides electronic money, prepaid cards, physical and virtual points of sale, and e-wallets for both individual and corporate customers, aiming to support flexible payment solutions across physical and remote channels. The company holds licenses to issue cards across multiple schemes, participates in open banking and payment ecosystems, and operates a growing network of co-branded cards and merchant programs. Its market position centers on electronic money issuance and payment processing within Turkey, with additional activities related to card issuance, merchant services, and open banking solutions. Param also expanded its footprint internationally through Param UK, a Netherlands-based entity, and through acquisitions that broaden its open banking and online collection capabilities. The organization emphasizes a broad, multi-channel payments offering for a diverse client base while maintaining a focus on regulatory compliance and industry partnerships.
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