MineSec, a global leader in SoftPOS solutions, has signed a Memorandum of Understanding (MOU) with Paymore, a leading Turkish fintech that specializes in cashless payment and telemetry solutions for retail and e-commerce sectors. The collaboration marks MineSec’s official entry into the Turkish market, expanding its focus beyond SoftPOS to include its Payment Platform-as-a-Service – designed to power the next generation of contactless and embedded payment acceptance.
Empowering Turkey’s Digital Payments Ecosystem
Turkey is among Europe’s most advanced digital payment markets, driven by strong smartphone penetration, widespread contactless adoption, and rapid digital transformation. As mobile and software-based payment technologies continue to evolve, the need for flexible, interoperable, and multi-acquirer payment platforms has become increasingly critical.
Through this partnership, MineSec and Paymore will bring MineSec’s PCI MPoC-certified SoftPOS solutions and Payment Platform to Turkey’s payment ecosystem – enabling payment service providers and merchants in key industries such as retail, F&B, and services to support a wider range of contactless payment experiences. This includes mobile and smart device payments, QR transactions, and other digital acceptance models that connect seamlessly across channels.
As part of the agreement, both companies will work closely to integrate with Bankalararasi Kart Merkezi (BKM) - Turkey’s interbank card center and operator of the domestic clearing and settlement infrastructure – to enable access to 24 acquirers in the Turkish market. This integration will support both international card schemes and local card schemes such as TROY, Turkey’s national card scheme, ensuring local compliance and support for both domestic and international transactions. Together, MineSec and Paymore aim to accelerate merchant onboarding, enhance transaction security, and expand payment access through a robust, multi-channel payment infrastructure that supports both present and future payment technologies.
Benefits for Turkish Merchants and Partners
MineSec’s entry into Turkey’s payment market introduces greater choice and agility for acquirers, PSPs, and ISVs seeking modern payment infrastructure that combines SoftPOS capability with platform-level scalability.
The company’s pre-certified, modular SDKs and white-label applications simplify certification and shorten time-to-market, allowing partners to focus on delivering innovative omni-channel payment experiences.
For merchants, MineSec's solutions eliminate the need for proprietary hardware, enabling contactless payments directly on NFC-enabled devices. This reduces operational costs and enhances mobility while maintaining PCI MPoC and EMV-certified security standards — ensuring every transaction is processed safely and in alignment with global and domestic requirements.
“Our strategic collaboration with MineSec will add a new dimension to Turkey’s digital payment ecosystem and further accelerate the country’s Cashless Society vision,” said Fatih Saral, CEO of Paymore.
“Through MineSec’s Headless SDK technology, Electronic Money Institutions, Banks, and SuperApps will be able to embed POS capabilities directly into their own applications. At Paymore, we are adapting this advanced infrastructure to the Turkish market, expanding our SoftPOS technology across all industries, and enabling businesses that are required to accept card payments to do so without the cost of physical POS hardware — quickly, securely, and efficiently. With our strategic partnership with BKM (Interbank Card Center), we provide instant payment experiences with 24 banks. This strong infrastructure will play a key role in advancing Turkey’s digital transformation and financial inclusion goals,” he added.
“Turkey is already a leader in digital payments, and our goal is to strengthen that ecosystem by bringing flexibility and choice to how payment solutions are implemented,” said Angus Chiu, CEO of MineSec. “Partnering with Paymore goes beyond SoftPOS – it's about enabling banks, PSPs, and merchants to build for the future of contactless, omni-channel, and software-based payment acceptance.”
About MineSec
MineSec is a leading provider of white-label SoftPOS solutions, enabling secure and convenient payments for businesses of all sizes across the globe. They envision a world where payment transactions are as effortless and intuitive as breathing, empowering individuals and businesses to thrive in a seamless digital economy. Through innovative and user-centric mobile-based payment solutions, MineSec aspires to become the leading household brand in payment solutions, revolutionizing the way people experience payments.
About Paymore
Paymore is a Turkey-based fintech company offering innovative payment solutions across multiple verticals — including In-Store, On-Delivery, Self-Service, E-Commerce, Open Banking, and Embedded Finance.
The company provides a comprehensive product suite encompassing Physical POS Solutions, WaaS (Wallet-as-a-Service) mobile wallet infrastructure, Payment Orchestration, and a multi-acquirer Gateway Platform that ensures seamless, scalable, and secure payment processing.
Paymore also develops cashless payment and telemetry solutions for vending machines, carwash stations, EV charging points, kiosks, and micro market systems — empowering businesses with intelligent, connected, and data-driven management capabilities.
Operating across Turkey, the European Union, the United Kingdom, and the Turkic Republics, Paymore leads the regional fintech transformation by delivering secure and future-ready digital payment technologies.
For more information, visit www.paymore.com.tr.