Morpara

Morpara
Company: A Ödeme ve Elektronik Para Hizmetleri A.Ş.
Employees: 11–50 Employees
Company Size: SMB
Headquarter Country: Turkey
Year Established: 2021
Supported Regions: Middle East
Supported Countries: Turkey
Industry Focus: Ecommerce, Retail
Annual Revenue (USD): 8,400,000
Target Merchant Size: Mid-Market, SMB, Startup
Fee Structure: Custom Per Merchant
Supported Currencies: EUR - Euro, GBP - British Pound, TRY - Turkish Lira, USD - US Dollar
Transaction Types: Card Not Present, Card Present, Instant Payouts, mCommerce, Payment Links, POS Terminal, QR Code Payments
Supported Payment Methods: American Express, Bonus (Turkey), Mastercard, Maximum (Turkey), Troy, Visa, World (Turkey)
Compliance: 3D Secure Support, PCI DSS
Risk Management: Fraud Prevention
Global Payments: Multi-Currency Support
Developer & Integration: Web Services API
Onboarding Time: 1-2 Days
API Accessibility: Not Accessible
Reporting & Onboarding: Online Merchant Portal

Morpara: Overview For Merchants

Morpara is a Turkey-based electronic money and payment services brand that provides consumer accounts, prepaid cards, and merchant solutions including virtual POS, multi-currency acceptance, and link-based payments. Operated by A Ödeme ve Elektronik Para Hizmetleri A.Ş., Morpara focuses on digital payments for both individuals and businesses.

What Is Morpara

Morpara is the brand of A Ödeme ve Elektronik Para Hizmetleri A.Ş., which states it is an Electronic Money and Payment Services Institution authorized by the Central Bank of the Republic of Turkey (CBRT) with a license dated 30 October 2022. The brand offers international money transfer services, a mobile account with IBAN, and a prepaid card. For businesses, Morpara highlights virtual POS (MorPOS), co-branded cards, workplace financial solutions, a money transfer representative network, and acceptance options designed for cross-border commerce.

Merchant Solutions At A Glance

Virtual POS (MorPOS)

MorPOS is Morpara’s e-commerce acceptance product. It is described as a single-integration solution that lets online businesses accept card payments. The Virtual POS pages emphasize:

  • Quick go-live claims such as getting an e-commerce site ready to accept payments within “2 hours.”

  • “No annual fees” messaging and “competitive commission rates.”

  • Full 3D Secure authentication support.

  • Acceptance in TL, Euro, Pound, and Dollar where enabled.

These statements are drawn from Morpara’s product pages; merchants should validate timelines and pricing specifics during onboarding.

Multi-Currency POS

Morpara’s multi-currency option targets SMEs doing e-export. It is framed as a way to receive payments from international customers in foreign currencies. For merchants with cross-border buyers, this can reduce FX friction if settlement and currency handling align with the merchant’s treasury needs.

Link Payment (MorLink)

MorLink enables businesses to accept payments without a full e-commerce site or physical POS device. Morpara positions this as turning a phone into a POS: merchants generate a link and get paid in TL or foreign currencies. This is relevant for social commerce, invoicing, remote orders, and quick one-off collections.

UniQR For Tourists And Foreign Nationals

UniQR is presented as a QR-based payment and cash-withdrawal solution for tourists, expats, foreign students, and medical travelers in Türkiye. If your business serves international visitors, UniQR is designed to reduce payment friction by enabling QR flows that work without local cards.

Consumer Products That Complement Merchant Acceptance

While this guide focuses on acquiring, Morpara’s consumer stack is useful context for merchant acceptance:

  • Mobile account with IBAN for loading and transferring money 24/7.

  • Prepaid Morpara Card on Visa rails, with ATM cash-in/out and global acceptance.

  • QR payments initiated in the app when a card is linked to the account.

Merchants that rely on Morpara’s consumer user base may benefit from seamless customer experiences, especially for in-country spend.

Security And Compliance

CBRT Authorization

Morpara states that A Ödeme ve Elektronik Para Hizmetleri A.Ş. holds an operating license as an Electronic Money and Payment Services Institution issued under Turkish Law No. 6493, with a license date in late October 2022. For merchants, this indicates supervision by the CBRT within Türkiye’s payment and e-money regulatory framework.

Transaction Security

MorPOS emphasizes security through full 3D Secure for cardholder authentication. This is standard for Turkish e-commerce acquiring and reduces fraud and chargeback exposure for eligible transactions. Morpara’s security and privacy pages describe safeguards around account and transaction data.

Payment Methods And Currencies

Cards

MorPOS is framed as a card acceptance gateway for online businesses. The consumer card product uses Visa infrastructure; for acquiring, MorPOS pages discuss acceptance via virtual POS with 3D Secure. Merchants should request the full method matrix (domestic schemes, international brands, debit vs credit, installment options if any) during sales discussions.

QR

Morpara supports QR-initiated payments in its app for consumers with linked cards. For merchants, UniQR indicates a QR route for tourists and non-residents. Confirm QR acceptance flows, settlement currency, and whether QR is processed as a card-not-present payment, account transfer, or other regulated rail.

Currencies

Product pages list TL, Euro, Pound, and Dollar in the context of virtual POS and multi-currency acceptance. Multi-currency POS is positioned for e-export use cases. Ask for the definitive list of supported presentment currencies, settlement currencies, and fee handling for cross-currency processing.

Integration And Developer Experience

MorPOS is described as “single integration” and “ready fast.” However, public technical documentation is not exposed on the English site’s product pages. Before committing, merchants and integrators should request:

  • API documentation and SDK availability.

  • Supported integration models (server-to-server, hosted checkout, payment links, mobile SDK).

  • Webhook events and reconciliation files.

  • Tokenization support and recurring billing options.

  • 3DS controls and risk screening settings.

If you operate a headless or multi-storefront architecture, verify how MorPOS handles merchant descriptors, sub-merchant setups, or marketplace flows.

Settlement, Reconciliation, And Reporting

The English pages do not publicly describe settlement cycles or reporting specifics. Request a demo of the merchant dashboard and sample reports to ensure they cover:

  • Authorizations, captures, reversals, and refunds.

  • Fees per transaction and period summaries.

  • Payout statements with currency breakdowns and FX.

  • Chargeback alerts, representment evidence export, and dispute timelines.

If you operate in multiple currencies, confirm whether Morpara offers currency-level balances and configurable payout rules.

Coverage And Use Cases

  • E-export and cross-border e-commerce: Multi-currency POS targets merchants selling abroad and receiving funds in foreign currencies.

  • Social commerce and remote invoices: MorLink payment links suit Instagram storefronts, order-ahead, and invoice payments without a full cart.

  • Tourism and medical travel: UniQR focuses on international visitors and non-residents spending in Türkiye.

  • Card-present fallback via QR: For local buyers using the Morpara app and card, QR flows can complement online acceptance.

If you serve both domestic Turkish consumers and foreign visitors, combining MorPOS with UniQR may broaden acceptance options.

Strengths

  • CBRT-authorized electronic money and payment services institution.

  • Virtual POS with 3D Secure and multi-currency acceptance highlighted.

  • Link-based payments for quick collections without a storefront.

  • Consumer app and Visa prepaid card ecosystem that can reduce friction for Morpara users.

  • QR-based solution aimed at tourists and foreign nationals.

Conclusion

Morpara combines a CBRT-licensed electronic money foundation with merchant solutions centered on virtual POS, link-based acceptance, QR options, and multi-currency capabilities for e-export. For merchants selling to both domestic and international customers in Türkiye, Morpara’s mix of MorPOS, MorLink, and UniQR may cover a wide range of scenarios.

Morpara: Frequently Asked Questions (FAQs)

What is Morpara?

Morpara is a Turkey-based electronic money and payment services brand operated by A Ödeme ve Elektronik Para Hizmetleri A.Ş., offering consumer accounts and cards and merchant products such as MorPOS (virtual POS), Multi-currency POS, MorLink payment links, and UniQR.

Is Morpara licensed by the Central Bank of the Republic of Turkey?

Morpara states that A Ödeme ve Elektronik Para Hizmetleri A.Ş. is authorized by the Central Bank of the Republic of Turkey as an Electronic Money and Payment Services Institution under Law No. 6493, and you should verify the current license status during onboarding.

What merchant payment solutions does Morpara offer?

Morpara highlights MorPOS for e-commerce card acceptance with 3D Secure, Multi-currency POS for e-export, MorLink for link-based payments without a full website or device, and UniQR for QR-based acceptance aimed at tourists and foreign nationals.

Does Morpara support 3D Secure for e-commerce payments?

According to Morpara’s product pages, MorPOS supports full 3D Secure for cardholder authentication, while exact behavior, exemptions, and liability shifts depend on card networks, issuers, and your configuration.

Which currencies can I accept with MorPOS and Multi-currency POS?

Product pages list acceptance in Turkish lira, euro, pound, and dollar where enabled, and you should confirm presentment currencies, settlement currencies, and FX rules for your account.

Does Morpara provide payment links for remote or social sales?

Yes, MorLink lets you generate a payment link and accept funds without a full e-commerce site or physical POS device, which is useful for invoices, remote orders, and social commerce.

What is UniQR and who is it designed for?

UniQR is a QR-based payment and cash-withdrawal option designed for tourists, expats, foreign students, and medical travelers in Türkiye, and it aims to reduce payment friction for international visitors.

Does Morpara publish pricing and fees publicly?

Morpara’s English pages emphasize no annual fees and competitive commission rates for virtual POS, but detailed price cards and settlement timelines are not listed, so you should request a written proposal with all fees and payout schedules.

How fast can we go live with MorPOS?

MorPOS pages promote fast activation with claims such as getting an e-commerce site ready to accept payments within 2 hours, and your actual timeline will depend on KYB checks and technical verification.

What technical documentation and integration options are available?

Public technical documentation is not exposed on the English site, so ask for API documentation, SDKs, webhook specifications, tokenization and recurring billing options, and a dashboard and reporting demo before you integrate.

How are settlement, reconciliation, and reporting handled?

The English site does not detail settlement cycles or reconciliation formats, so request sample payout statements, transaction reports, and chargeback handling to confirm that operations and reporting meet your requirements.

How should my business evaluate Morpara before integrating?

Confirm the payment method matrix, obtain sandbox access and API documentation, align commercial terms and settlement cycles, clarify 3D Secure and dispute handling, and run a pilot before a full rollout.

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