Hepsiburada’s Hepsipay announces partnership with the Istanbul Metropolitan Municipality’s Istanbulkart to provide ecommerce expertise to a broader viewers

–New service will empower Hepsiburada customers to pay out for items on the internet by working with their Istanbulkart account through their Hepsipay Wallet–

ISTANBUL, Jan. 4, 2022 /PRNewswire/ — Hepsipay, the digital open wallet of top Turkish e-commerce platform Hepsiburada (NASDAQ: HEPS) nowadays declared an arrangement with the Istanbul Metropolitan Municipality’s Belbim/Istanbulkart, which will empower around 20 million lively Istanbulkart end users to store simply on the Hepsiburada platform with no the need for any other lender or credit score card.

Belbim’s Istanbulkart is a contactless pre-compensated card for public transportation payment and consumers who keep 1 will now be in a position to use their account balance to invest in items on Hepsiburada. This support will function by the Hepsipay Wallet, which features clients the prospect to fulfill all their requirements with impressive payment remedies and services this kind of as multi-credit history card payment, online purchasing credit rating, charge to billing and protected payment.

This settlement will assist to provide the e-commerce knowledge to a broader audience in Turkey, in line with Hepsiburada’s vision of major digitalization of commerce. By enabling different payment solutions, Hepsiburada retains maximizing the consumer experience and opens up its platform to buyers devoid of entry to traditional banking providers.

Hepsiburada’s collaboration with Istanbul Metropolitan Municipality is envisioned to be operational in initially quarter of 2022.

Ozan Bayülgen, General Manager, Hepsipay explained: “This collaboration with the Istanbul Metropolitan Municipality’s Belbim/Istanbulkart is the latest stage as we continue to lead the way in discovering revolutionary payment procedures by our embedded electronic wallet, Hepsipay, so that as many clients as feasible are in a position to seamlessly accessibility Hepsiburada’s products and providers.

This collaboration will further manifest Hepsipay benefit proposition as a companion wallet featuring speedy and rewarding experiences to its users like the beneath and un-banked customer segments in Turkey, escalating Hepsiburada’s complete addressable marketplace.”

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Remarking on the upcoming cooperation, Belbim Inc.’s Basic Supervisor Nihat Narin reported:: “As the founder of Turkey’s major electronic payment collection program, we are pushing Istanbulkart into the future with our economical engineering. We continue to prolong Istanbulkart’s get to and deliver simple payment alternate options via our small business partnerships. We are generating an infrastructure for our 20 million people who pivoted to on the net browsing for the duration of the pandemic. Through this initiative, our users can use NFC with their e-commerce payment wallet, Hepsipay. At Belbim Inc., we will proceed our attempts to supply Istanbulites with the ideal expert services possible.”

About Hepsiburada

Hepsiburada is a foremost e-commerce technological innovation platform in Turkey, combining a globally tested e-commerce enterprise model with a just one-end ‘Super App’ to cater to our customers’ each day demands and to enable make people’s every day life far better. Buyers can accessibility a broad array of products and solutions and providers such as same-day shipping of groceries and essentials, merchandise from global retailers, airline tickets and payment products and services via Hepsiburada’s embedded electronic wallet, HepsiPay. As at the conclude of September 2021, we had seamlessly linked 39.6 million members and close to 67 thousand Lively Merchants.

Launched in Istanbul in 2000, Hepsiburada was designed to guide the digitalization of commerce in Turkey. As a female-founded business, Hepsiburada is fully commited to significant motion to empower ladies. Through its ‘Technology Empowerment for Girls Entrepreneurs’ application, Hepsiburada attained more than 24,000 feminine business owners across Turkey to day.

About Belbim

BELBIM Inc., the founder of the to start with digital fare selection technique utilized in Istanbul community transportation, is supplying a speedy and simple payment alternative with “Istanbulkart” it has designed fully inside its system. Istanbulkart, with the eyesight of the ‘City Lifestyle Card’ started in 2019, found further than currently being a transportation card only, is reworked into an digital money card which can also be employed in places other than transportation and has become a payment choice at numerous factors of the metropolis with the collaborations recognized.

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Source Hepsiburada