Sipay logo

Sipay

by Sipay Elektronik Para ve Ödeme Hizmetleri A.Ş. · Since 2019
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Quick facts
VendorSipay Elektronik Para ve Ödeme Hizmetleri A.Ş.
Year launched2019
StatusActive
LocationKüçükçamlıca Mah. Ord. Prof. Fahrettin Gökay Cad. No: 49, 34696 Üsküdar/İstanbul
Countries servedN/A
Languages2
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Sipay

A Turkish financial technology platform offering payment solutions for businesses and individuals. It provides Virtual POS, Physical POS, payment by link, a marketplace solution, and a digital wallet for money transfers and payments.

Sipay is a Turkish financial technology company founded in 2019, offering a comprehensive suite of payment solutions for both businesses and individuals. The platform serves as a financial marketplace, unifying Virtual POS, Physical POS, Open Banking, and a Digital Wallet under one umbrella. For businesses, Sipay provides tools to accept online and in-person payments, including payment by link, recurring subscription billing, and specialized solutions for marketplaces. For individuals, the Sipay Wallet app enables money transfers, bill payments, and secure shopping with physical and virtual cards. The company emphasizes security with PCI-DSS compliance and AI-driven fraud filters. Sipay operates as a licensed payment institution under the Central Bank of the Republic of Turkey. Mobile apps are available for both iOS and Android devices.

Pros & Cons

Pros
  • Offers a comprehensive suite of payment solutions for both online and in-person transactions.
  • Provides a digital wallet for individuals with features for money transfer and payments.
  • Supports both virtual and physical POS systems to cater to different business needs.
  • Emphasizes security with PCI-DSS certified infrastructure and AI-based fraud filters.
  • Allows businesses to start accepting payments quickly, often within 24 hours of application.
Cons
  • Pricing information, such as commission rates, is not publicly listed on the website and requires direct contact.
  • The service is primarily focused on the Turkish market, which may limit its utility for international businesses.
  • No free trial or free tier is explicitly mentioned for its business services.

Features

Key features

Virtual POS

Enables businesses to accept online payments from all debit and credit cards, with next-day settlement.

Physical POS

Provides POS devices for in-person payments via contactless, TR QR Code, or chip and magnetic methods.

Payment by Link

Allows businesses to accept payments by sending a custom link to customers, without needing a website or full integration.

Digital Wallet

A mobile app for individuals to manage funds, make secure payments, and transfer money.

Marketplace Solution

Provides payment infrastructure for online marketplaces to manage transactions between buyers and sellers.

Open Banking

Allows users to view and manage accounts from different banks within the Sipay platform.

Additional features

Subscription Method

Facilitates recurring payments for subscription-based businesses.

Corporate Digital Wallet

A solution for businesses to manage corporate payments and expenses.

Sipay IBAN

Provides users with an IBAN for receiving money transfers directly into their Sipay wallet.

PCI-DSS Compliance

Ensures a secure payment process with a PCI-DSS certified infrastructure.

Fraud Prevention

Utilizes AI-developed filters to provide 24/7 security against fraudulent transactions.

Multi-Currency Support

The platform is capable of accepting payments in different currencies.

Detailed Reporting

Offers access to detailed sales reports through a business panel.

API Integration

Provides an API for businesses to integrate Sipay's payment solutions into their own systems.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Countries served
2
Interface languages
1
Billing currencies

Interface languages

TurkishEnglish

Billing currencies

🇹🇷TRY

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