N Kolay Payment and Electronic Money Institution Inc. is a subsidiary of Aktif Investment Bank.

N Kolay Payment and Electronic Money Institution

N Kolay Payment and Electronic Money Institution Inc. is a subsidiary of Aktif Investment Bank.

Turkey’s largest and widest network in its respective industry, N Kolay Payment and Electronic Money Institution offers its services through over 570 N Kolay Stores and around 3,500 N Kolay Kiosks. With new partnership deals signed in 2019 with Turkey’s leading retailers and telecommunication companies, N Kolay Payment and Electronic Money Institution increased its physical service points to over 13,500. Acting as an agent throughout Turkey in a variety of payment services including primarily utility bill collections and domestic and international money transfers, N Kolay provides customers with fast, convenient, and reliable payment transactions.

N Kolay allows customers to transfer money and pay utility bills via over 7,000 retail service points across 81 provinces on a 24/7 basis without having to wait for business hours or requiring a bank account.

The N Kolay Kiosk project brought Aktif Bank first place in the competition organized by European Financial Management Association (EFMA). N Kolay achieved remarkable success in a short amount of time thanks to its fast and convenient online processes and guaranteed transactions. It is the largest collection and payment channel in Turkey with 7 million transactions per month.

N Kolay has 2 separate Representative Channels that offer Payment Services, including N Kolay Stores and N Kolay Dealers.

N Kolay Stores are privately owned entities that offer payment services exclusively to its customers. The main business of the N Kolay Stores is to provide payment services to its customers, and there is no other commercial activity taking place.

N Kolay Dealers, another representative channel of N Kolay, offers payment services to its customers in addition to its own business activities. (Groceries, Telephone Shops, Gas Stations) that already carry out their commercial activities and offers N Kolay payment services.

The Dealers carry out the payment service activity via the KIOSK Devices which are installed in their businesses in addition to the existing commercial activities.

N Kolay Agents, which are intermediating to many payment services including utility bill collections, domestic and international money transfers, have determined as the main mission to provide comfortable, reliable, and gentle service without a waiting line, in walking distance to its customers.

N Kolay Agents, which perform all transactions on-line, within the framework of the utility companies / bank agreements, provide many payment services at the same point are preferred because of its fast computing infrastructure, close proximity, 6 days a week for long working hours and uninterrupted service.

As the largest payment institution, integrated with all major utility companies in Turkey, N Kolay Payment and Electronic Money Institution is the largest physical channel, bill pay aggregator to collect Electricity utility bills in Turkey.