An amendment was made with the COMMUNIQUÉ AMENDING THE COMMUNIQUÉ ON THE INFORMATION SYSTEMS OF PAYMENT AND ELECTRONIC MONEY INSTITUTIONS AND THE DATA SHARING SERVICES OF PAYMENT SERVICE PROVIDERS IN THE FIELD OF PAYMENT SERVICES.
With the amendment:
ARTICLE 1- The third sentence of the second paragraph of provisional Article 1 of the Communiqué on the Information Systems of Payment and Electronic Money Institutions and the Data Sharing Services of Payment Service Providers in the Field of Payment Services, published in Official Gazette No. 31676 dated 1/12/2021, has been amended as follows.
“All other payment service providers that hold payment accounts shall fulfill the obligations they must fulfill under the first paragraph of Article 24 of this Communiqué by 31/3/2025.”
ARTICLE 2- This Communiqué enters into force on the date of its publication.
ARTICLE 3- The provisions of this Communiqué are executed by the Governor of the Central Bank of the Republic of Türkiye.
You can access the communiqué from the link below:
https://www.resmigazete.gov.tr/eskiler/2024/09/20240928-6.htm
Who is affected by the deadline change?
The target date determines by when payment service providers must integrate with data sharing services. When the date is pushed back, institutions are given extra time for testing and development.
During integration, steps such as authentication, consent management and security testing must be completed. That is why teams should follow their plan rather than rely on the date.
Since new regulations may be issued, the most current text of the communiqué should be followed.
