Subscribe to Teknoblog content on Google News:
One of the main factors that prevented popular digital payment services such as PayPal and Apple Pay, which have been closed to Turkish users for a long time, from entering the Turkish market was concerns about transferring personal data abroad. However, this situation is changing with a new regulation published in the Official Gazette.
With the amendment made to Article 9 of the Personal Data Protection Law No. 6698, the principles regarding the transfer of personal data abroad were clarified. This regulation allows personal data to be transferred abroad, provided that the data protection standards of the relevant countries or international organizations are compatible with Turkey’s and certain conditions are met.
This change may pave the way for global payment platforms such as PayPal and Apple Pay to provide services in Turkey. According to the regulation, the adequacy decision will be made by the Personal Data Protection Board and published in the Official Gazette. This will facilitate Turkey’s integration into international digital payment networks and offer Turkish consumers a wider choice of payment methods.
The entry of services such as PayPal and Apple Pay into the Turkish market will provide great convenience, especially for users who prefer to shop internationally. These platforms allow users to pay securely and easily transact between various currencies.
Additionally, this development may contribute to the further growth of e-commerce and digital economy in Turkey. The activities of PayPal and Apple Pay, which have millions of users around the world, in Turkey may enable local businesses to become more visible in the international market.
It is anticipated that this regulation will make a significant contribution to Turkey’s digitalization process and will increase security and efficiency in international transactions, as well as making the lives of citizens easier. It is expected that the entry of payment systems such as PayPal and Apple Pay into the Turkish market will have positive results for users, businesses and the economy.
In summary, Turkey’s update of regulations regarding the transfer of personal data abroad may open the door to global payment platforms such as PayPal and Apple Pay to Turkish consumers. This is considered a step that will provide significant benefits to both consumers and the Turkish economy.