Faturamatik
Faturamatik is a Turkish TCMB-licensed electronic money and payment institution operating since 1999, providing bill payments, money transfers, POS services, and digital wallets through a franchise network across all 81 Turkish provinces and digital channels.
- Company typePrivate
- Founded1999
- HeadquartersMaltepe
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Faturamatik does
Faturamatik Elektronik Para ve Ödeme Kuruluşu A.Ş. is a privately held Turkish electronic money and payment institution founded in 1999 and headquartered in Maltepe, Istanbul. It operates under a regulatory license stack consisting of an initial BDDK bill-collection permit (Official Gazette No. 29627, February 2016) and a broader 2021 authorization from the Central Bank of the Republic of Turkey (TCMB) under Article 12, paragraphs A, B, C, and Ç of Law No. 6493, covering electronic money/wallet, POS, domestic and international money transfer, and bill payment activities. The company holds PCI DSS certification, 3D Secure authentication, and TÖDEB membership, and integrates with Sanction Scanner for compliance.
Its core product set spans Fatura Ödemeleri (bill payments for electricity, water, gas, internet, TV, and telecom), Para Transferi (domestic and international money transfers to 150+ countries via Ria, KoronaPay, and UPT integrators), İşyerimPOS (Virtual POS, Link Payment, and CepPOS for merchants), Faturamatik Cüzdan (individual and corporate digital wallets), BirCard (bill registration and reminder platform), and Su Kart Dolum (prepaid water card loading). The technology backbone is a digital payment infrastructure with TCMB licensing supporting all five transactional verticals.
Faturamatik distributes services through a hybrid channel model: a franchise/dealer network (Temsilcilik) with physical service points across all 81 Turkish provinces plus a recently introduced Regional Dealership (Bölge Bayiliği) layer, complemented by kiosks, a website (odeme.com.tr), and iOS/Android mobile apps. Revenue is generated through transaction fees on bill collection, money transfers, and POS services, plus franchise fees and wallet-related charges. The company serves three primary customer segments: individual consumers (B2C, 2.5M+ monthly visitors), franchise representatives and in-business dealers (SMB), and corporate institutions such as Uludağ Elektrik, İzmirgaz, Gediz Perakende, BUSKI, Turkcell, Türk Telekom, and Vodafone (B2B partnerships).
Faturamatik firmographics
Firmographics- Name
- Faturamatik
- Legal name
- Faturamatik Elektronik Para ve Ödeme Kuruluşu A.Ş.
- Website
- https://faturamatik.com.tr
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Faturamatik is a Turkish TCMB-licensed electronic money and payment institution operating since 1999, providing bill payments, money transfers, POS services, and digital wallets through a franchise network across all 81 Turkish provinces and digital channels.
- Ownership category
- akta.pro rank
Faturamatik industry classification
Industry- Product category
- Payment Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- akta.pro primary industry
- POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)
- akta.pro secondary industries
- General-Purpose Digital Wallets (P2P + Merchant) (FSAMAEAA), Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods (FSAGAKAD)
Keywords
Where Faturamatik is headquartered
LocationHeadquarters
- HQ city
- Maltepe
Offices2 records
Markets served
Faturamatik business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Bill Collection Commission: Faturamatik charges commission fees for collecting bill payments on behalf of utility companies (electricity, gas, water, telecom providers).
- Money Transfer Fees: Domestic and international money transfer services generate fees. International transfers to 150+ countries with competitive commissions.
- POS Services: Virtual POS, Link POS, and CepPOS services for merchants to accept card payments with commission rates.
- Franchise Fees: Franchise model where representatives pay for the right to operate under the Faturamatik brand and use their services.
- Electronic Wallet Services: Digital wallet services enabling fund management, transfers, and payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Bill payments with credit card installments |
| Transaction based/ take rate | Pay-as-you-go | Domestic money transfer fees |
| Transaction based/ take rate | Pay-as-you-go | International money transfer fees |
| Transaction based/ take rate | Pay-as-you-go | POS transaction commissions |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
Faturamatik product offering
Product offeringCore offering
Faturamatik operates a multi-channel payment services platform that lets consumers and merchants pay utility, water, gas, telecom, internet and TV bills, send domestic and international money transfers to 150+ countries, accept card payments through the İşyerimPOS suite (Virtual POS, Link POS, CepPOS), and store/transfer funds in the Faturamatik Cüzdan electronic wallet. The company distributes these services through franchise stores and in-business dealers across all 81 Turkish provinces, complemented by online portal, mobile application, and self-service kiosks.
Product overview
Faturamatik is a licensed electronic money and payment institution operating since 1999, offering a multi-channel financial services platform centered around bill payment infrastructure, money transfers, and merchant payment solutions. The core offering comprises Fatura Ödemeleri (bill payments for utilities including electricity, water, gas, internet, TV, and mobile) and Para Transferi (domestic and international money transfers to 150+ countries). The product portfolio extends to İşyerimPOS (a suite of POS solutions including virtual POS, link payments, and mobile POS), Faturamatik Cüzdan (digital wallet for individuals and businesses), and supplementary services such as water card loading (Su Kart Dolum) and BirCard (bill registration platform). The distribution model operates through franchise stores and in-business dealerships across all 81 Turkish provinces, complemented by digital channels (internet branch and mobile application).
Differentiator
Problem solved
Functional benefit
Brands
- İşyerimPOS: Virtual POS, payment link, and CepPOS services for businesses to accept card payments with integration options for e-commerce and physical stores.
- BirCard
Products and services
- Fatura Ödemeleri (Bill Payments)
Quantifiable outcome
- 7/24 availability for bill payments and money transfers
- +2 more outcomes
Companies that use Faturamatik
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Faturamatik technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature5 records
Faturamatik partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Uludağ ElektrikcorePartnership with Uludağ Elektrik for electricity bill collection services at authorized Faturamatik service points in Bursa region. Service points established in Yıldırım, Yavuz Selim, Millet, and Mesken districts.
- İzmirgazcorePartnership with İzmirgaz for natural gas bill payments and subscription services. Service points established in Menderes and Bergama districts of Izmir.
- Gediz PerakendecorePartnership with Gediz Perakende for electricity bill payment services at İzmirgaz service points in Menderes and Bergama.
- BuskiminorWater bill payment services for BUSKI (Bursa water and sewage administration) at Bursa Faturamatik service points.
- Ria Money TransferminorInternational money transfer services through Ria network available at Faturamatik service points.
- KoronaPayminorInternational money transfer services through KoronaPay available at Faturamatik locations.
- UPT Money TransferminorInternational money transfer services through UPT (Universal Payment Transfer) available at Faturamatik service points.
- TCMB (Türkiye Cumhuriyet Merkez Bankası)coreLicensed and regulated by the Central Bank of the Republic of Turkey under Law 6493 for payment services, electronic money, and money transfer operations.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Faturamatik competitors and assessment
Company assessmentDirect peers
- Param: Param is a Turkish digital wallet and payment services provider offering P2P transfers, bill payments, and card issuance. It is a direct competitor in the same TCMB-regulated e-money category as Faturamatik.
- Paratika: Paratika is a Turkish payment institution offering e-commerce checkout, virtual POS, and merchant payment infrastructure. It competes with Faturamatik in merchant acquiring and online payment orchestration in Turkey.
- iyzico: iyzico is a leading Turkish payment gateway offering online and physical POS acquiring, marketplace payouts, and merchant onboarding. It competes directly with Faturamatik's İşyerimPOS (Virtual POS, Link POS, CepPOS) for merchant acceptance.
- İninal: İninal is a Turkish e-money institution providing digital wallets, prepaid cards, and bill payment services. It is licensed by TCMB and targets the same consumer segments as Faturamatik with overlapping wallet and payment products.
- Papara: Papara is a Turkey-based digital wallet and money transfer platform offering P2P transfers, bill payments, prepaid cards, and merchant acquiring. It directly competes with Faturamatik on consumer wallets, money transfers, and POS in the same Turkish market.
- Paycell: Paycell is the mobile payment and digital wallet arm of Turkcell, offering bill payments, money transfers, and merchant payments. It is a directly comparable Turkish wallet-and-payments operator with a large telco distribution channel.
- PayTR: PayTR is a Turkish payment services provider offering virtual POS, e-commerce checkout, and marketplace payment infrastructure for SMBs. It overlaps with Faturamatik's merchant acquiring stack and serves similar Turkish merchants.
- Hepsipay: Hepsipay is the payments arm of Hepsiburada, Turkey's largest e-commerce platform, offering digital wallets, card payments, and consumer credit. It is an emerging player competing with Faturamatik in consumer payments and merchant acquiring.
Broad incumbents
- BKM Express: BKM Express is operated by BKM (Turkey's interbank card switch) and offers digital wallet, bill payments, and P2P transfers backed by all major Turkish banks. It is a broad incumbent with bank-distribution reach that overlaps with Faturamatik's bill payment and wallet services.
Emerging players
- Tosla: Tosla is a Turkish digital wallet offering P2P transfers, bill payments, and cashback rewards targeting younger consumers. It is an emerging wallet competitor with overlapping product surface to Faturamatik's planned Bireysel Cüzdan.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Faturamatik social profiles
Digital presenceFaturamatik compliance and trust
Trust signalCompliance5 records
Faturamatik financial estimates
Financial estimateRevenue estimate
Valuation estimate
Faturamatik leadership team
Management profileNumber of profiles
Faturamatik funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Faturamatik M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Faturamatik
What does Faturamatik do?
Faturamatik operates a multi-channel payment services platform that lets consumers and merchants pay utility, water, gas, telecom, internet and TV bills, send domestic and international money transfers to 150+ countries, accept card payments through the İşyerimPOS suite (Virtual POS, Link POS, CepPOS), and store/transfer funds in the Faturamatik Cüzdan electronic wallet. The company distributes these services through franchise stores and in-business dealers across all 81 Turkish provinces, complemented by online portal, mobile application, and self-service kiosks.
Is Faturamatik a public or private company?
Faturamatik is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Faturamatik founded?
Faturamatik was founded in 1999. It employs 51 to 100 people.
Where is Faturamatik based?
Faturamatik is headquartered in Maltepe.
How does Faturamatik make money?
Five revenue lines are on record. Bill Collection Commission is the primary driver. The others are money Transfer Fees, POS Services, franchise Fees and electronic Wallet Services.
Who are Faturamatik's main competitors?
Direct peers on record are Param, Paratika, iyzico, İninal, Papara, Paycell, PayTR and Hepsipay. BKM Express is listed as a broad incumbent. Tosla is listed as an emerging player.
Does Faturamatik have an API?
No public API is recorded for Faturamatik.
What industry is Faturamatik in?
Faturamatik's product category is Payment Services. Its primary akta.pro industry code is FSAGABAO, POS, SoftPOS & In-Person Acceptance Infrastructure, with a secondary code of FSAMAEAA, General-Purpose Digital Wallets (P2P + Merchant). Its NAICS code is 52232.