Turkey's İşbank is to provide local merchants with access to five new overseas markets by switching on alternative payment options with PPRO Group.
The new payment methods adopted include ELO and Boleto from Brazil, Verkkopanki from Finland, WeChat Pay, a Chinese digital wallet, and Sepa Direct Debit.
The new additions bring İşbank’s portfolio to 18 alternative payment methods (APMs) each supported by PPRO, which handles acquiring, processing, local collection and reconciliation on behalf of the bank.
İşbank deputy general manager, Yalcin Sezen, comments: “İşbank’s payment gateway grants Turkish merchants access to global commerce thanks to our payment infrastructure which supports not only the card schemes but also 18 different APMs that are used in 46 countries.”