Paynet

Paynet: An Overview for Merchants

Paynet is a Türkiye-based payment systems provider that focuses on digitizing collections for merchants across online and in-person channels. Merchants use Paynet for virtual POS payments, payment links, QR payments, mobile tap-to-pay, recurring billing, and dealer network collections. The company emphasizes B2B and B2B2C scenarios such as dealer and distributor structures, field sales, and supplier payments. As of early 2025, Paynet became part of iyzico following regulatory approvals, which provides additional scale in the Turkish market.

What Paynet Does

Paynet enables merchants to accept and manage payments across channels, centralize collections, and streamline complex networks of dealers and sub-dealers. Its solutions include virtual POS for ecommerce, Paylink for remote checkout, PayQR for contactless acceptance, Paynet MobilePOS for NFC on Android devices, subscription billing, split payments across multiple cards, open banking, escrow, and a portal that brings products together on one screen.

Key Products and Solutions

Virtual POS for Online Sales

Paynet’s Virtual POS lets merchants accept card payments online without a physical device. The product supports 3D Secure and installment options across card brands under a single contract, reducing acquirer complexity for Turkish ecommerce.

Key Products and Solutions

Virtual POS for Online Sales

Paynet’s Virtual POS lets merchants accept card payments online without a physical device. The product supports 3D Secure and installment options across card brands under a single contract, reducing acquirer complexity for Turkish ecommerce.

PayQR for Contactless Acceptance

PayQR allows merchants to create QR codes for customer-initiated payments. It is compatible with Türkiye’s TR QR standard and is positioned for fast, contactless checkouts without scheme-imposed tap limits.

MobilePOS and NFC Tap-to-Phone

Paynet provides an Android MobilePOS solution that turns NFC-enabled devices into acceptance points. This is useful for couriers, service teams, and field sales, with options to integrate with ERP or CRM systems.

Subscription and Recurring Payments

The Subscription Model lets merchants set an automatic schedule for repeat charges with defined start and end dates and frequency rules. This is relevant for memberships, services, and installment plans.

Split Payments Across Multiple Cards

For transactions where a single card limit is insufficient, Paynet supports split payments that allocate an order total across multiple cards. The split method can be used on Paylink and online checkout flows.

Dealer Network Collections and PaySmart

Paynet’s dealer network tools centralize collections from dealers and sub-dealers, visualize receivables, and allow configuration of due dates and structured repayment plans with PaySmart. This targets brands that operate large distribution networks.

Supplier Payments With Installments

The Supplier Payments solution enables businesses to pay suppliers by card in installments up to specified terms, supporting working capital needs in B2B flows.

Open Banking and MultiBAN

Open Banking brings balances and transactions from multiple banks onto one screen and supports transfers and payments. MultiBAN lets companies customize IBAN addresses to organize incoming transfers.

PayPortal: Centralized Collections

PayPortal is a web platform that consolidates Paynet products in one dashboard. Businesses can access card, link, loan, and open banking options and manage collections centrally.

PayKredi: Financing at Checkout

PayKredi introduces a loan-based payment option that is digitally and rapidly confirmed, giving customers an alternative to card limits for higher-ticket purchases.

Payment Methods and Channels

• Cards online via Virtual POS with 3D Secure and installment capabilities.

• Remote payments via Paylink sent in SMS or email.

• Contactless acceptance via PayQR compliant with the TR QR framework.

• Tap-to-phone with MobilePOS on Android NFC devices for field sales.

• E-wallet option available within certain Paylink flows.

Paynet’s site also references acceptance across multiple card brands and installment campaigns under a single contract arrangement, which is common in Türkiye’s market structure.

Security, Compliance, and Risk Controls

• Regulatory license: Paynet states that services are provided under a Central Bank of the Republic of Türkiye license.

• PCI DSS Level 1: The company references PCI DSS Level 1 certification across product pages and security content.

• 3D Secure: Supported for ecommerce to reduce fraud risk at checkout.

• Fraud prevention: Paynet highlights dedicated fraud prevention capabilities alongside regulatory and PCI assurances.

• Tokenization: Card tokenization is documented as part of the integration toolkit to remove raw PAN handling from merchant systems.

These controls are foundational for merchants that want to lower PCI scope and align with strong authentication practices in the region.

Developer Integration and Operations

• Paynet API: Merchants can build custom flows and connect internal systems to Paynet’s infrastructure to track payment lifecycles and execute transactions.

• Virtual POS integration: Standard ecommerce integration for web and app channels with 3D Secure.

• Portal-first operations: PayPortal offers a no-code way to use products, monitor cash flow, and collect in one place, which is useful before or alongside API integration.

• Directory and CRM support: Paynet Directory helps store payer details for faster link-based payments, and MobilePOS references ERP or CRM connectivity for field teams.

Who Paynet Is Best For

• Brands with dealer or distributor networks needing centralized oversight and structured collections.

• Field sales and on-site service teams that need mobile acceptance with NFC or links.

• B2B companies and suppliers that benefit from installment-based supplier payments and escrow options.

• Merchants with recurring revenue models that need automated subscription billing.

• Businesses wanting multi-rail collection options including QR, links, and web checkout from one provider.

Conclusion

Paynet provides a broad acceptance stack designed for Türkiye’s merchant needs, especially where B2B and networked sales models are common. Its toolkit spans ecommerce Virtual POS with 3D Secure, link-based remote collection, TR QR-compatible acceptance, Android tap-to-phone, recurring charging, split payments, escrow, supplier installments, and open banking. Security and compliance references include a CBRT license and PCI DSS Level 1, plus tokenization and fraud prevention. For merchants that require multi-channel acceptance with strong coverage of dealer or supplier workflows, Paynet offers an integrated set of products and a portal to operate them from one place.