Questions? Contact us at

Wallet Database

BKM Express

21st of August 2016


  • Summary: BKM Express is a cards-based digital wallet for online and In-store (via QR code) purchases as well as P2P payments. BKM Express is operating in Turkey only and was launched in Jun 2012 by BKM with the collaboration of the Turkish banks

  • Website

  • Status: Live

  • Market: Turkey (Jun ’12)

  • Type: Bank Consortia

  • OwnershipBKM and Turkish banks

  • Functions: Retail payments, P2P payments

  • Payment Mode: Cards-based

  • Channel: POS via QR code, In-App, Web

  • Roadmap: n/a

User Experience

  • Registration & set up: Registration can be done through the browser or the app, which can de downloaded from App Store and Google Play. User can store credit, debit and prepaid cards issued by the 17 supported banks. (Update to follow – Further information being obtained)

  • Making a payment: AT POS.  Open the app, scanning the QR code. User chooses the credit card that he wants. Authenticate with a one-time password (sent via SMS).

    ON THE INTERNET. Choose “Pay with BKM Express”, log in, and choose card. Authenticate with a one-time password (sent via SMS) 

Payment Flows & Technology

  • Merchant perspective: Mobile and web SDK are provided to merchants for integration. Payment flow happens on BKM Express screens without leaving the merchant application.

  • Security: The reliability and security of BKM Express comes from the prevention of sharing card details with merchants and approval of transactions with a verification code submitted to BKM Express member’s mobile phone number registered at his/her bank.

Business Model

  • Strategy: BKM Express plays a crucial role in the growth of e-commerce and digital payments in Turkey.

  • Payee fee: All merchants that accept online payments can apply for BKM Express application free of charge. No extra fee is claimed for any payment made via BKM Express application.

  • Payer fee: No charge for consumer 

Performance Data

Contact (MobeyForum Members only)

  • Name: N/A

  • Address: N/A

  • Email: N/A

  • Phone: N/A