What is Papara?
Hello and welcome to Papara!
What is Papara?
We’re a financial super-app committed to providing user-friendly, fast, and free financial services to all. We’re an alternative to traditional banks and were initially established to make financial services accessible for the un/under-banked or underserved. Ultimately, we’re here to provide all our users with financial freedom, giving them the opportunity to manage their money in the way that suits them best.
Our journey started in April 2016, when we received our “Electronic Money Institution” license in Turkey. Shortly afterwards, in August 2016, we launched our app, and we became the first non-bank entity in Turkey to issue a MasterCard prepaid card; we are currently a MasterCard, Visa and Interbank Card Center member.
What can you do with a Papara account?
Opening an account with Papara is super simple and takes just a few minutes! Once you’re up and running, you can send and receive money 24/7 free of charge, pay your bills, manage your budget, make & receive payments using a QR code, buy game credits, buy and sell foreign currencies, and a whole lot more. We also offer multi-functional, prepaid cards which you can use worldwide for in-store or online shopping. We’ve developed four different cards suited to various user needs: Papara Lite Card, Papara Black Card, Papara Virtual Card and Papara Metal Card.
With any Papara Card, you spend your current balance, and avoid the risk of running into debt or overspending. It may not be a credit card, but Papara has a great Cashback program that earns you instant cash rewards as you spend.
We’ve outlined some of our favourite Papara features below!
Global money transfers
Papara removes all borders. Say goodbye to dealing with complicated apps and transfer requirements – with Papara, you can make free transfers not only from Turkish Lira accounts, but also from foreign currency ones.
We offer all our users with instant cashback on a range of purchases across various brands. What you do with the cashback is entirely up to you – you can keep the rewards in your account, spend them, or transfer the cash directly into a bank account. The best part is, you don’t need to figure out how to earn or spend your cashback, or worry about discount codes, points, spending conditions, and expiration dates. It’s simple – you earn cash instantly, as you spend.
Track your spending
You can use Papara as a tool to help you track your spending and manage your budget, giving you total visibility over where your money goes, and the ability to monitor your budget using charts – all in real time!
For more information, please visit our website where you can explore all of Papara’s products and features. If you’re not yet a Papara user, you can open an account free of charge within minutes either on our website, or though the Papara mobile app, available on the iOS App Store and Google Play Store.