Octet Turkey Secures Open Banking License

Foreks - Octet Türkiye has obtained an Open Banking license. Following the decision published in the Official Gazette, Octet Türkiye customers will now be able to view all their bank accounts on a single screen through Open Banking services and carry out money transfer transactions from these accounts.

Octet Türkiye, which contributes to strong cash flow and liquidity for companies with its collection methods and payment solutions, will support businesses in optimizing their financial processes by offering faster and more secure access to banking data through its Open Banking product, following the decision published in the Official Gazette by the Central Bank of the Republic of Turkey. With the Open Banking product, Octet Türkiye aims not only to provide cost advantages to businesses but also to enhance user experience, responding to the needs of today's rapidly evolving financial ecosystem.

With this development, Octet Türkiye customers will be able to transfer money between their accounts and view account movements at banks in real-time. Octet Türkiye aims to offer a more comprehensive experience to its customers with this new product.

"We Will Continue to Add Value to Our Customers with Our Open Banking Product"

Regarding the matter, Octet Türkiye's CPO, Zeynep Bulut, stated, "As Octet Türkiye, we focus on providing solutions that simplify our customers' business processes. In this context, by obtaining our open banking license, we aim to enhance efficiency in payment and collection processes and to bring the advantages of digitalization in financial management to a wider audience. As with all our products, we will continue to add value to our customers with our open banking product."