Company Profile: UPT Odeme Hizmetleri A.S.
UPT is Turkey’s first and its leading payment institution licensed by the Banking Regulation and Supervision Agency (BRSA). The company’s main business is money transfer (both domestic and international), cash and bank account delivery, and payments services (e.g. prepaid cards, payment accounts). UPT provides services to banks, licensed money transfer companies, licensed exchange houses and international payment institutions that focus on payments to and from Turkey and to the rest of the world. UPT, a 100% subsidiary of Aktif Bank, is a significant player in the money transfer business in Turkey. The company’s extensive delivery channels provide a total of more than 8,000 physical delivery points throughout Turkey (including UPT branches, agents and Turkish Post Office location points). UPT also provides value-added services such as cross border payments, collection accounts, bill payments and TRY banknote international delivery.