iyzico is a payments & billing tool for Small businesses and E-commerce, offered as paid. Based in Turkey, founded in 2013. Popular alternatives include PayTR, Lidio, Param.
About iyzico
iyzico is a Turkish payment company founded in Istanbul and acquired in 2019 by PayU, the payments business of Prosus. As a licensed payment institution, it lets businesses in Turkey accept online card payments without setting up a separate virtual POS agreement with each bank.
Merchants get card payments with installment options across Turkish banks, 3D Secure, recurring subscription billing, marketplace payments that split funds between sub-merchants, payment links and a hosted checkout form. Buyers can pay with the iyzico wallet (iyzico ile Öde) using stored cards and balance, and its protected shopping approach builds trust for smaller stores. Plugins and integrations cover platforms such as WooCommerce, Ticimax, IdeaSoft and ikas, and developer APIs and SDKs support custom integrations. Pricing is a commission per transaction that varies with installment count, volume and settlement terms; current rates are published on iyzico's website.
iyzico fits e-commerce stores, SaaS companies and marketplaces selling to customers in Turkey, especially those that want quick onboarding and installment support. Stripe does not onboard Turkish companies, so iyzico is one of the practical alternatives, collecting in Turkish lira under local regulation. Commissions can be higher than direct bank virtual POS rates for high-volume merchants, and businesses selling mainly abroad need international payment options. PayTR, Param and Sipay are local competitors, and large merchants often combine a provider like iyzico with direct bank POS agreements.
Key features of iyzico
- Card payments with installments
- Marketplace payments and sub-merchant payouts
- Subscription payments
- iyzico wallet checkout
- Payment links and invoicing
- E-commerce plugins and API
Pros and cons
Pros
- Works for Turkish businesses
- Installment support
- Marketplace features
- Wide plugin coverage
Cons
- Turkey-focused
- Fees higher than global processors
- Developer experience behind Stripe
- Settlement terms vary
iyzico pricing
iyzico uses a paid model.
| Plan | Price | Includes |
|---|---|---|
| Standard (companies) | 4.29% + ₺0.25 | Per successful transaction, BSMV incl.; KDV not stated |
| Link (individuals) | from 4.49% + ₺0.25 | Non-company sellers |
| Marketplace | Custom | Commission agreed per arrangement |
Source: www.iyzico.com · checked on Oct 20, 2026
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How iyzico compares in Payments & billing
- Rank by votes
- #1 / 23
- Starting price
- —
- Free alternatives
- 3
0 votes from members
Category median is $64/mo
Free or open-source tools in Payments & billing
iyzico ranks #1 of 23 payments & billing tools by community votes and is not directly comparable on price.
Common use cases
- 1Turkish e-commerce checkout
- 2Marketplace paying sellers
- 3SaaS charging Turkish customers
- 4Payment links for services
Best for
Businesses selling to Turkish customers.
Not ideal for
Global SaaS outside Turkey (Stripe, Paddle).
Integrations
- Shopify
- WooCommerce
- ikas
- İdeasoft
- Magento
- OpenCart
- Paraşüt
- API
Our take
iyzico is the default online payment gateway for Turkey.
FAQ
- What is iyzico?
- iyzico is a Payments & billing tool: Payment gateway for Turkey.
- How much does iyzico cost?
- iyzico uses a Paid model; see the vendor's pricing page for current plans.
- What are the best alternatives to iyzico?
- Community-listed alternatives to iyzico include PayTR, Lidio, Param, Sipay.
- What does iyzico integrate with?
- iyzico integrates with Shopify, WooCommerce, ikas, İdeasoft, Magento, OpenCart and more.
- Which platforms does iyzico support?
- iyzico is available on web.
- Who is iyzico for?
- Businesses selling to Turkish customers.
Alternatives to iyzico
See all 10PayTR
▲ 0Turkish payment service provider
PaidSmall businesseschecked Oct 20
Lidio
▲ 0Turkish payment orchestration: virtual POS, routing, one-click pay
PaidE-commercechecked Oct 20
Param
▲ 0Virtual POS and payment services from a Turkish payment institution
PaidSmall businesseschecked Oct 20
Sipay
▲ 0Virtual POS, payments and wallet from a licensed Turkish e-money firm
PaidSmall businesseschecked Oct 20
Payten
▲ 0Payment gateway and Paratika virtual POS for merchants in Türkiye
PaidE-commercechecked Oct 23
Stripe
▲ 0Payments infrastructure for the internet
PaidDeveloperschecked Oct 20
From the blog
- Turkey's SaaS Landscape in 2026: Patterns From 61 Tools
Where Turkish SaaS companies cluster, how they price (lira, dollars or quote), the local rules that shape them, and verified funding and exits through 2026.
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