About Us
Our goal at Parakolay is to minimize fraud-related losses for virtual stores by developing and optimizing software and control mechanisms within our own structure, to ensure the rapid advancement of electronic money services in Turkey, and to establish a reliable position in the industry.
As of August 21, 2022, Parakolay Electronic Money Inc. has obtained the Authorization for Payment and Electronic Money Institution activities within the scope of Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions.
Services
Electronic Wallet
Virtual POS
Account opening and usage
You can open and use a Parakolay account for free. |
Free |
Transfers to Parakolay accounts
You can always transfer money for free from one Parakolay account to another. |
Free |
Transfer to IBAN
You can transfer money for free from your Parakolay account to any IBAN you want. |
Free
Up to 10,000 TL per transaction |
Deposit via bank transfer, EFT, or FAST
You can deposit money for free from your own bank account to your Parakolay account. |
Free |
Withdrawal via bank transfer, EFT, or FAST
You can withdraw money for free from your Parakolay account to your own bank account. |
Free
Up to 10,000 TL per transaction |
Commercial/excessive usage fee
You can use for free up to 10 transactions or up to 5 transaction over 5,000 TL (or equivalent in foreign currency) regardless of the monthly amount. |
%3.00 (Excluding BSMV) |
Unused account fee
Monthly account fee is charged for accounts not used for the last 6 months. |
10.00 TL (Excluding BSMV) |