Established in 2001, PayCore offers innovative, end-to-end payment technology solutions to the banking, telecommunications, payment service providers, public services and retail sectors. The winner of more than 30 local and international awards in the fields of card management, digital payment and EMV solutions, processing services, and secure hardware products, PayCore is the solution partner of more than 250 institutions, successfully bringing technology to 30+ countries. PayCore’s PCI DSS-, BKM-, MasterCard- and Visa-certified Processing Center serves over 65 customers in the region because of its dependable infrastructure.

PayCore continues to expand its reach and is proud to claim 20+ first achievements in Europe, North America, the Middle East and India, including the first contactless credit cards, wristwatch payment, display credit cards, contactless credit card applications in transportation, mobile wallets, combining smart identity and payment features with NFC technology, and the first payment acceptance on devices with or without PIN.

MV Holding, founding partner of Turkey’s leading GSM operator, and Revo Capital, Netherlands-based technology fund, have become shareholders of PayCore in 2016. In 2021, Mediterra Capital, leading private equity firm focusing on mid-market investments in Turkey, has acquired the majority stake at PayCore. In August 2023, a significant milestone was reached as Param, Turkey’s most valuable financial technology company, began the acquisition process of PayCore and its subsidiaries, and commenced the required official procedures to finalize the transaction.

You may find more about PayCore and its offerings in our corporate presentation.