Treps io

What Treps io does

Treps (legal entity: Lidya Teknoloji ve Bilişim A.Ş.) is a Turkish payment orchestration platform founded in 2007, operating under the commercial brand Treps from treps.tr. The company provides a single-API integration layer that connects merchants to 20+ Turkish banks and 15+ payment institutions, eliminating the need for multiple direct bank integrations. Its core technology includes a Payment Gateway, Card Storage (PCI DSS Level 1 v4.0.1 compliant), a Smart Switch intelligent transaction routing engine that directs payments to the lowest-commission merchant ID, and Treps Jump Failover technology that automatically reroutes transactions during bank outages. Additional modules include a marketplace payment splitter, B2B Portal, closed-loop wallet, online collection, automatic reconciliation, cash-flow management, and a mobile Digital POS application for Android and iOS.

The company operates a three-tier subscription model (Starter, Professional, and Enterprise) combined with transaction-based fees, with the Professional tier marketed as the most popular. Distribution is primarily domestic in Turkey through direct enterprise sales, a self-serve merchant portal, and API-first developer onboarding with sandbox testing and code examples in Java, .NET, PHP, and Python. The company claims 18+ years of payment-systems expertise and serves 22 industry verticals including e-commerce, insurance, retail, education, tourism, healthcare, marketplaces, and B2B. The platform holds PCI DSS Level 1 v4.0.1, ISO 27001, ISO 9001, and ISO 10002 certifications, and integrates with global card networks including Visa, Mastercard, American Express, JCB, Discover, and the Turkish Troy scheme.

The company's revenue model combines recurring subscription revenue with transaction-based fees, and its go-to-market blends enterprise field sales with self-serve developer onboarding. No venture capital or private equity funding is disclosed, and the company appears to be independently operated as a private Turkish joint-stock company. Named certifications and a broad bank/PSP integration network are the primary trust signals, though no named enterprise customer logos are publicly disclosed.

Name

Treps io

Legal name

Lidya Teknoloji ve Bilişim A.Ş

Website

https://treps.io

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Treps (Lidya Teknoloji ve Bilişim A.Ş.) is a Turkish payment orchestration platform founded in 2007 that provides a single-API integration connecting merchants to 20+ Turkish banks and 15+ payment institutions, with intelligent routing, failover, and PCI DSS Level 1 compliance, serving 22 industry verticals domestically in Turkey.

Ownership category

akta.pro rank

Product category

Payment Orchestration Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Payment Orchestration Platforms (FSAGABAA)

akta.pro secondary industries

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), Tokenization, Network Vaults & Credential Management (FSAGABAF)

Keywords

• Payment orchestration
• Payment processing
• Virtual POS
• Payment gateway
• Transaction routing

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Transaction-based fees: Revenue generated through transaction fees based on payment volume processed through the orchestration platform. Smart Switch routing optimizes commission costs for merchants.
2. Subscription packages: Three-tier subscription model (Starter, Professional, Enterprise) with varying feature sets. Starter package is quoted per month, Professional is marked as Popular, and Enterprise is customized.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Treps operates a payment orchestration platform that connects merchants to 20+ Turkish banks and 15+ payment institutions through a single API integration. The platform combines a Payment Gateway, PCI DSS Level 1 v4.0.1-compliant Card Storage, an intelligent Smart Switch transaction routing engine that optimizes commission costs, and Treps Jump Failover technology that maintains payment continuity during bank outages. Supporting modules include Payment Link and QR, Marketplace payment splitting, B2B Portal, Closed-Loop Wallet, Online Collection, Reconciliation, Cash Flow Management, and Mobile Digital POS applications for Android and iOS.

Product overview

Treps is a payment orchestration platform offering a unified suite of modules for managing payment processing, routing, and reconciliation. The core platform combines Payment Gateway, Card Storage, and Smart Switch transaction routing engine with Treps Jump Failover technology. Additional modules include Payment Link, Marketplace, B2B Portal, Closed-Loop Wallet, Online Collection, Reconciliation, Cash Flow Management, and Mobile Digital POS. The platform integrates with 20+ Turkish banks and 15+ payment organizations (PSPs) for single-integration access to multiple payment providers, with support for Troy, Visa, Mastercard, American Express, JCB, Discover, and Uzcard payment networks.

Differentiator

Problem solved

Functional benefit

Products and services

• Ödeme Geçidi (Payment Gateway) Secure and fast payment gateway solution that enables management of all payment methods from a single point for online merchants and businesses integrating via REST API.
• Kart Saklama (Card Storage) PCI-DSS Level 1 v4.0.1 compliant infrastructure for securely storing customer card information to enable repeat payments and tokenized transactions.
• Linkle Ödeme (Payment Link and QR Code) Enables merchants to collect payments via shareable links or QR codes without requiring a website or POS device, suited to SMBs and field sales.
• Pazaryeri (Marketplace Payment and Reconciliation) Multi-vendor marketplace payment splitting and settlement solution for managing multi-seller platform structures with vendor payouts.
• B2B Portal B2B payment and management portal developed for corporate customers, dealer networks, and wholesale transaction processing.
• Online Tahsilat (Online Collection) Online collection infrastructure for collecting recurring and one-time payments from customers and dealers across multiple payment methods.
• Kapalı Devre Cüzdan (Closed-Loop Wallet) Closed-loop digital wallet solution for simplifying payment experiences for customers within a defined merchant or sector ecosystem.
• Mutabakat (Automated Reconciliation) Automated reconciliation system that streamlines financial processes by matching transactions with bank statements across multiple banks and payment institutions.
• Nakit Akış Yönetimi (Cash Flow Management) Tool to view virtual POS earnings net of refunds and plan cash inflows according to bank maturity dates for working-capital visibility.
• Mobil Dijital POS (Mobile Digital POS) Android and iOS mobile application bringing full virtual POS capabilities to mobile devices, including transaction analysis, cancel/refund, and QR functionality.

Quantifiable outcome

• Reduced commission costs through intelligent routing to lowest commission merchant IDs
• +2 more outcomes

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration43 records

AI capability1 record

Feature10 records

Partnerships

28 partnerships are on record, tiered core.

• AkbankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• İş BankasıcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Garanti BBVAcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Yapı KredicoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Ziraat BankasıcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• VakıfbankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• TEBcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• HalkbankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• QNB FinansbankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Kuveyt TürkcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• DenizbankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• AlbarakacoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• FibabankacoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• ING BankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Türkiye FinanscoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• ŞekerbankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• AnadolubankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Alternatif BankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• Credit Europe BankcoreTechnology or IntegrationIntegrated bank providing virtual POS and payment processing services through Treps orchestration platform.
• iyzicocoreTechnology or IntegrationIntegrated payment institution providing virtual POS and online payment services through Treps orchestration platform.
• PayTRcoreTechnology or IntegrationIntegrated payment institution providing virtual POS and online payment services through Treps orchestration platform.
• ParamcoreTechnology or IntegrationIntegrated payment institution providing virtual POS and online payment services through Treps orchestration platform.
• ParatikacoreTechnology or IntegrationIntegrated payment institution providing virtual POS and online payment services through Treps orchestration platform.
• MokacoreTechnology or IntegrationIntegrated payment institution providing virtual POS and online payment services through Treps orchestration platform.
• VisacoreTechnology or IntegrationGlobal payment network partner enabling card transactions through Treps platform.
• MastercardcoreTechnology or IntegrationGlobal payment network partner enabling card transactions through Treps platform.
• TroycoreTechnology or IntegrationTurkish domestic card scheme partner enabling local card transactions through Treps platform.
• American ExpresscoreTechnology or IntegrationGlobal payment network partner enabling card transactions through Treps platform.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PayTR: Turkish payment institution providing virtual POS and online payment services to merchants — both integrated via Treps and competing head-on for the same Turkish merchant payment volume.
• Cellpoint Digital: Payment orchestration platform focused on travel and enterprise verticals with smart routing and failover features — comparable to Treps' orchestration approach, especially given Treps' tourism sector emphasis.
• Spreedly: Payment orchestration and vaulting platform providing a single API to connect to multiple gateways and PSPs, with tokenization and card storage — directly analogous to Treps' payment gateway, card storage, and multi-bank routing model.
• ProcessOut: Payment orchestration and intelligent routing platform serving merchants globally with failover and optimization features — directly comparable to Treps' Smart Switch and Jump Failover value proposition.
• Primer: Global payment orchestration platform offering unified API, smart routing, and failover across multiple acquirers — directly comparable to Treps' orchestration, Smart Switch, and Jump Failover capabilities, though operating globally rather than Turkey-only.
• iyzico: Largest Turkish PSP offering direct merchant acquiring and payment infrastructure — both a Treps integration partner and a direct competitor that merchants could choose instead of routing through Treps orchestration.

Broad incumbents

• Adyen: Global unified commerce platform providing acquiring, processing, and orchestration-style routing across multiple payment methods and acquirers — sets the enterprise benchmark for what Treps' orchestration layer competes against in cross-border scenarios.
• Stripe: Global payment platform with orchestration-adjacent capabilities (Stripe Connect for marketplaces, multiple acquirer routing, smart retries) — relevant broader incumbent benchmark that Turkish merchants may increasingly evaluate against Treps.

Emerging players

• Yuno: Emerging payment orchestration platform offering smart routing, fraud optimization, and multi-acquirer integration — competes in the same orchestration category as Treps with a broader geographic scope.
• Corefy: White-label payment orchestration platform aggregating multiple PSPs and acquirers through a single API — directly parallels Treps' single-integration, multi-bank, multi-PSP architecture.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/Lidya-Pay
• LinkedInlinkedin.com/company/trepspayment
• Instagraminstagram.com/treps.tr
• Xx.com/trepmark

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Treps io