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iyzico

Payment gateway for Turkey

iyzico is a payments & billing tool for Small businesses and E-commerce, offered as paid. Founded in Turkey in 2013. Popular alternatives include PayTR, Craftgate, Sipay.

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.

PlanPriceIncludes
Standard (companies)4.29% + ₺0.25Per successful transaction, BSMV incl.; KDV not stated
Link (individuals)from 4.49% + ₺0.25Non-company sellers
MarketplaceCustomCommission agreed per arrangement

Source: www.iyzico.com · checked on Oct 20, 2026

How iyzico compares in Payments & billing

Rank by votes
#1 / 18

0 votes from members

Starting price
—

Category median is $39/mo

Free alternatives
2

Free or open-source tools in Payments & billing

iyzico ranks #1 of 18 payments & billing tools by community votes and is not directly comparable on price.

Common use cases

  1. 1Turkish e-commerce checkout
  2. 2Marketplace paying sellers
  3. 3SaaS charging Turkish customers
  4. 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, Craftgate, Sipay, Param.
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 5
  • PayTR

    ▲ 0

    Turkish payment service provider

    PaidSmall businessesE-commerce
  • Payment orchestration for Turkish merchants

    PaidSmall businessesEnterprise
  • Sipay

    ▲ 0

    Virtual POS, payments and wallet from a licensed Turkish e-money firm

    PaidSmall businessesE-commerce
  • Param

    ▲ 0

    Virtual POS and payment services from a Turkish payment institution

    PaidSmall businessesE-commerce
  • Lidio

    ▲ 0

    Turkish payment orchestration: virtual POS, routing, one-click pay

    PaidE-commerceEnterprise

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  • Shopier

    ▲ 0

    Sell and get paid online from Turkey, including via social media

    PaidSmall businessesCreators
  • Paddle

    ▲ 0

    Merchant of record for software companies

    PaidSmall businessesDevelopers
  • Square

    ▲ 0

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    Freemium · $49Small businesses

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