The Internet’s Money

Payment processor · Middle East

Does PayPal work in Turkey?

No.

PayPal does not onboard businesses registered in Turkey.

What a business in Turkey can use

PayPal’s products, for a company incorporated in Turkey.

Accept paymentsNot available

PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.

Pay people abroadNot available

Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.

Multi-currency accountNot available

Hold balances in 20+ currencies inside a PayPal business account.

Business cardsNot available

PayPal Business Debit Mastercard.

StablecoinsNot available

US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD).

Yield on idle cashNot available

US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York.

Available in 200+ markets, but in some (such as Nigeria and Morocco) accounts face limits on receiving money. Indian accounts can only receive international payments.

Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal

Alternatives in Turkey

Other providers that serve businesses registered there.

Selling to Turkey

How people there prefer to pay online.

  1. 1Installment cards (taksit)
  2. 2Troy
  3. 3Bank transfer (FAST)

Stablecoin rules in Turkey

High riskRestricted

Using stablecoins to pay is banned or tightly restricted.

PayPal’s stablecoin products are not available to businesses here.

Everything about 🇹🇷 Turkey →

Common questions

Does PayPal work in Turkey?

No. PayPal does not onboard businesses registered in Turkey.

What are the alternatives to PayPal in Turkey?

Providers that onboard businesses registered in Turkey: Payoneer and dLocal. With limits: Bridge, BVNK and Rain.

Can a business in Turkey use PayPal for stablecoins?

No, according to our data. Stablecoin rules in Turkey: Restricted (high risk). Using crypto, including stablecoins, to pay for goods and services has been banned since 2021. Trading on licensed platforms is permitted.

PayPal elsewhere in Middle East

Other providers in Turkey