Paymes, which is the leading payment platform of social commerce in Turkey and recently merged with PayTabs, the award-winning, leading payment and electronic money institution of the East, is opening new doors in its field with the SwitchOn application. All financial solutions and management systems in one place.
Designed to serve financial structures, SwitchOn offers turnkey modular services to companies that use e-money, provide payment services, finance, digital banking, physical POS services or aim to serve worldwide. Services provided to financial structures are expanding with ATM, POS, card, virtual wallet management, Switching and Authorization solutions. Thus, the established structures become the sole solution partner for all financial needs.
New opportunities are opening up for all organizations, regardless of country or region, whether they are in the financial sector or not. From services where institutions can build their own wallet apps, to systems that allow them to manage ATMs and build a digital bank from scratch, an array has come into play. PayTabs serves many global companies with its online payment gateway service in Turkey. Success and conversion rates with global accrual exceed all existing local payment systems.
Sabrican Zaim, CEO of Paymes, stated that the synergy created by the process of merging Paymes with PayTabs would continue to create significant values: “We are strengthening our motivation to become a global Fintech Hub with the SwitchOn product in the process that started with Exit. As we develop our new products, we will use tools from our existing orchestration and provide them to our competitors or partners in the sector. Thus, we will manage the payment systems that Turkey needs for its development and growth with orchestral harmony and polyphony.”