ParamPOS Settlement Schedule Update: Payments Up to 100,000 TL Secured

TURK Electronic Money Inc. (PARAM) and its group companies, now under the custodianship of the Savings Deposit Insurance Fund (TMSF), have announced a new timetable for settlement payments.

TMSF Intervention and Corporate Status

TMSF is conducting forensic, administrative, and legal reviews of PARAM's financial data, customer accounts, and receivables. This ensures that the company's liquidity management and payment capacity are assessed in a transparent framework.

Settlement Payment Plan and Scope

■Matured settlements up to 100,000 TL will be paid out starting this week.

■Payments exceeding 100,000 TL will commence from the first business day of the coming week.

■The schedule will be regularly disclosed to the public to enhance transparency and investor confidence.

Market and Operational Implications

■Improved short‑term cash flow could bolster transaction volumes across the POS network.

■Ongoing TMSF oversight may lead to revisions of risk premiums and collateral requirements.

■Reducing payment delays sends a positive signal for customer loyalty and the onboarding of new merchants.

Rüzgar Ersoy – Director of Fintech and Banking. TMSF’s involvement reins in PARAM’s liquidity risk, while the clear ceiling on settlement payments strengthens the reliability of the payment ecosystem. Nevertheless, the deferred settlement of amounts above 100,000 TL introduces a medium‑term cash‑management uncertainty that could constrain new merchant partnerships and the expansion of the existing POS network. Monitoring the firm’s capital adequacy ratios (CAR) will be essential to guard against potential default risk.