A name we've been hearing frequently lately, proudly displayed in the bottom right corner of our cards. TROY, This is one of Türkiye's most important national steps in the field of payment systems. Launched in 2016 under the leadership of the Interbank Card Center (BKM) and today 26 banks and 5 e-money institutions by incorporating it into its structure, the Turkish card payments market %100’ünü temsil eden TROY is much more than just a card brand; it represents a strategic infrastructure developed with domestic technologies that strengthens our country's financial independence. So, what exactly is TROY, Türkiye's Payment Method, who owns it, and why should we choose it? Here are all the answers to your questions…
TROY Nedir? Pazarın %100’ünü Temsil Eden Milli Finansal Altyapı
“"Türkiye's Payment Method"” TROY, an abbreviation for "Turkey's Capital," is, in its simplest definition, a domestic card payment system belonging to Türkiye. If you see the TROY logo on your credit card, debit card, or prepaid card, it means that every transaction you make is securely processed through an infrastructure established and operated in Türkiye. From supermarkets to gas stations, from e-commerce to ATM transactions, every payment you make helps keep the wheels of a national system turning.
So, who owns TROY?
TROY is not owned by any foreign country or organization. The owner and operator of the system is a company established through a partnership of public and private banks in Türkiye. Interbank Card Center (BKM)‘'is. More importantly, the controlling shareholder of BKM. Central Bank of the Republic of Türkiye (TCMB)‘This structure ensures that TROY remains a completely national initiative and that strategic decisions are made in line with national interests.
Why should we use TROY?
Using a card with the TROY logo is more than a personal preference; it's an investment in the country's economic future. Here are the most important reasons:
- National wealth stays in the country: With every transaction made through foreign payment systems, a certain commission and license fee is transferred abroad. With TROY, this enormous resource remains entirely within Türkiye's own economy.
- Financial Independence: In the event of global political fluctuations or potential sanctions, the risk of payment systems being used as a tool of pressure is eliminated. TROY is the safeguard of Türkiye's financial sovereignty.
- Efficiency for Banks: TROY enables banks to reduce payment system costs and process transactions faster and more securely.
- Convenience for Consumers: It provides users with a convenient payment method that is valid everywhere, secure, and offers more options.
- Development and Innovation: TROY's vision is to strengthen Türkiye's payment infrastructure, lead the way in digitalization, and directly contribute to the country's economic development by creating value for all its stakeholders.
Is a TROY Card Free? How to Get a TROY Logo Card? Here's a Step-by-Step Guide.
Obtaining a TROY-branded card is quite simple. You can apply for a card through the mobile application, online banking, or physical branches of your bank or an e-money institution. During the application process... credit card, debit card (salary/current account card) or prepaid card You can choose one of the options. To speed up the process, include it in your application. You should specifically state that you want "a card with the TROY logo". That's enough.
Which banks and institutions offer TROY cards? Here's the complete list!
Here is a complete list of financial institutions where you can obtain a credit card, debit card, or prepaid card with the TROY logo:
Akbank, Aktif Bank, Albaraka, Anadolubank, Denizbank, Emlak Katılım, QNB Finansbank, Garanti BBVA, Halkbank, İninal, İş Bankası, Kuveyt Türk, Paladyum, PTT, Şekerbank, TEB, Türk Elektronik Para (Param), Türkiye Finans, Vakıfbank, Vakıf Katılım, Yapı Kredi and Ziraat Bankası.
Is it accepted everywhere? Domestic and international usage details.
TROY cards leave no room for concern regarding their widespread use.
- Domestic Use: In Türkiye On ALL POS devices, ATMs and websites %100 geçerlidir.
- International Use: TROY's international validity is indicated on the back of the card. Discover, Diners Club and Pulse This is ensured through their logos. At all locations displaying these logos, you can make transactions abroad with your TROY card without any issues.
Technologically, TROY also supports the latest payment methods. With your card... Contactless, contactless, QR code payment You can do it; on your Android phone Mobile contactless payment with NFC. You can accomplish it.
Points, Dues, Installments: Other Practical Information You Should Know
Some practical details regarding TROY depend on the policies of the card issuer:
- Installment: The possibility of installment purchases depends not on the TROY system itself, but on the agreement between the bank that issued your card and the merchant where you make your purchase. TROY cards are fully eligible for installment payments.
- Points/Bonus: The points, bonuses, miles, and other benefits you earn are determined by your bank's loyalty programs, not by TROY.
- Annual Membership Fee: Whether or not an annual membership fee is charged to your card is entirely at the discretion of the bank that issued the card. In short, whether or not there is a card fee, and its amount, depends on the policy of the institution you work with, not TROY's.
