The Ministry of Commerce announced that the ‘Secure Payment System’, which it implemented for second-hand vehicle sales, will become mandatory as of September 27, 2023.
The Ministry stated that the purpose of implementing this system is to prevent grievances and minimize fraud cases in the second-hand vehicle purchase and sale processes.
‘IT WILL ELIMINATE FRAUD CASES’
The Ministry of Commerce shared the following information regarding the details of the system in its statement on its official social media accounts:
- “We are moving to a new system that will make second-hand vehicle shopping much safer and completely eliminate fraud cases.”
- “The Secure Payment System, implemented in cooperation with our Ministry of Trade and the Turkish Notaries Union, will become mandatory as of September 27.”
With this new system, it is aimed for both buyers and sellers to carry out their transactions in a more secure environment. All citizens are expected to adapt to this system.
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