Information for Papel Users Who Have Not Completed Identity Verification
January 13, 2025
You need to verify your identity to continue enjoying privileges like high limits, cashback opportunities, and 24/7 free money transfers.
What Happens If You Don’t Verify Your Identity?
Users who have not verified their identity will not be able to perform the following transactions:
- Money transfers
- Purchasing a Digital PIN
- International money transfers
- Depositing money into their account
- Splitting an account
- Cashback
- Creating a virtual or physical card
In compliance with legal regulations, starting January 25, users who have not verified their identity will only be able to:
- Receive a maximum of 2750 TL per month in electronic money transfers (only from verified users)
- Pay bills
Why Should You Verify Your Identity?
High Limits: Raise your daily and monthly transaction limits.
Cashback Opportunities: Earn instant cash back on your spending.
Free Money Transfers: Send money 24/7 without paying any extra fees.
Convenient Services: Benefit from a Digital PIN and virtual and physical cards.
By verifying your identity, you can upgrade your account to “Contracted Account” status and easily unlock all of Papel’s features.
Click here to download the Android app.
Click here to download the iOS app.