This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Turkcell's Cep-T Paracard Receives Best Global Prepaid Innovation Award

ISTANBUL, October 23, 2012 /PRNewswire/ --

Turkcell (NYSE:TKC, ISE: TCELL), the leading communications and technology company in Turkey has announced that the "Cep-T Paracard", the co-branded prepaid card launched in collaboration with Garanti Bank, the leading bank in payment systems; has received the "Best Global Prepaid Innovation" category award at the Prepaid Awards UK & Global 2012.

     (Logo: http://photos.prnewswire.com/prnh/20120614/537932-b )

     (Photo: http://photos.prnewswire.com/prnh/20121023/570715 )

Cep-T Paracard in garnering this award has left behind other prepaid providers including Google Prepaid Card.  The Prepaid Awards has been held annually since 2008 to recognize the significant achievements and successes of the prepaid sector.  The event brings people and companies from across the industry to reinforce and recognize the efforts made.   

Turkcell Chief New Technology Business Officer Cenk Bayrakdar commented that "Mobile communication technologies have been reshaping the world, and easing people's lives in every aspect.  The finance and banking sectors are leading the pace of mobile evolution.  Through this strong collaboration in the area of mobile payment systems, Turkcell and Garanti Bank are not only the driving force of this evolution in Turkey, but have also signed off on innovative products, destined to set global examples.  The granting of this award to Cep-T Paracard, which has appealed to many within a short period of time, proves Turkey's leadership in mobile payment systems.  We will continue to offer our customers innovative products with Garanti Bank in the future."

Commenting that the initial target in designing Cep-T Paracard had been to include Turkcell subscribers without a debit card into the banking system, Garanti Payment System General Manager Onur Genc added that "Our well received product has reached out to 350,000 users so far.  The "Best Global Prepaid Innovation" award confirms that this success is also acknowledged globally.  Telecommunication companies have been collaborating with the banking system for years to offer products such as the digital wallet and virtual money cards.  Turkey leads on this front with Garanti Bank and Turkcell, taking giant steps to include the unbanked population into the system, in so doing contributing to growth of the registered economy.  We will steadfastly work towards our target of a "cash free Turkey in 2023," offering innovative products and services that ease life through rapidly developing technologies."

ABOUT CEP-T PARACARD

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,464.46 +113.08 0.69%
S&P 500 1,954.19 +5.33 0.27%
NASDAQ 4,761.1840 +11.2050 0.24%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs