Turkish Payments Provider Gets Series A Investment

Iyzi Payments, a startup payment service provider in Turkey, announced a new Series A Investment of $1.4 million USD, reported KTEN. Iyzi Payments was founded in 2012 and launched its first payment solution product in April 2013. The company reported it would use the new funding to further develop operations within Turkey.

Barbaros Özbugutu, CEO of Iyzi Payments, stated, "Integrating and handling payments is a challenge for online merchants all over the world, and there is no difference in Turkey.  Our goal is to simplify handling payments for merchants, and to offer a "fast and easy" way to integrate payment methods with the check-out process while always remaining PCI-DSS compliant."

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