Edgar, Dunn & Company (EDC) and Bankalararasi Kart Merkezi (BKM) – Interbank Card Centre in Turkey – which manages payment transaction switching in the country and provides advanced payment solutions to the payments industry, jointly published a report – “Advanced Payments Report – Turkey” in December 2015. The report reviews the state of the payments industry in Turkey and discusses key initiatives in online commerce, transit, and contactless payments. It also reviews steps undertaken to improve financial inclusion such as Turkey’s recently unveiled national payment scheme – TROY and provides insights on the latest regulatory developments.