Castles Technology, a global provider of Android-based payment acceptance solutions, has completed the acquisition of MT Bilgi Teknolojileri A.Ş. (MTBT), a Turkish payment technology company. This strategic move aims to expand Castles Technology’s service-oriented global strategy and strengthen its presence in Türkiye’s rapidly evolving payment ecosystem.
“This acquisition is a strategic leap forward for Castles Technology,” stated Jean-Philippe NIEDERGANG, Acting Group CEO and CEO for EMEA, Pacific, and LATAM at Castles Technology. He added that the acquisition reflects the company’s vision to be a long-term services-led partner, combining global scale with local expertise and trusted execution. MTBT’s operational capabilities in Türkiye are highlighted.
MT Bilgi Teknolojileri has established a reputation in Türkiye’s payment market by offering the first certified next-generation EFT-POS integrated cash register solutions (YNÖKC), TSM services, and customer support operations tailored to regulatory and commercial needs. The company’s service-first culture and technical excellence are noted as aligning with Castles Technology’s values.
Building on prior integrations such as LIEM in France, this acquisition accelerates Castles Technology’s vision to develop a vendor-agnostic global services platform capable of supporting multi-vendor, multi-acquirer environments across geographies. Key benefits of the acquisition include enhanced service and operational delivery through strong local presence and expertise, accelerated rollout of certified, secure, and scalable payment services in Türkiye, and expanded opportunities for growth, collaboration, and talent development.
Onur ALTINBAS, Senior Vice President for Middle East, Africa, and Türkiye at Castles Technology, emphasized Türkiye as a strategic focus market. He mentioned the opening of a direct office in Türkiye in 2024 and stated that this acquisition marks another important step in Castles Technology’s long-term commitment to the country. By combining MTBT’s strong relationships and deep technical expertise with Castles’ global infrastructure and Android POS innovation roadmap, the company aims to deliver greater speed, value, and reliability to its customers. ALTINBAS indicated that the investment journey in Türkiye is ongoing, with potential for further strategic opportunities in the country and across the region.
Nusret SANCAK, President of the Technology Group at MT Holding, commented, “Joining Castles Technology marks the beginning of an exciting new chapter. We share a common vision around innovation, customer focus, and service excellence. Together, we will strengthen our capabilities, expand our offerings, and better serve our customers with global support and a long-term commitment to quality.”
The integration will be carried out progressively, prioritizing business continuity. All existing contracts, teams, and customer relationships in Türkiye will remain unchanged, ensuring operational stability while enabling access to a broader portfolio of solutions, support, and innovation. This acquisition supports Castles Technology’s transformation into a global payment services leader, combining secure hardware, software platforms, TMS solutions, and value-added services into a unified and scalable ecosystem centered around customer success.
Castles Technology is a global leader in payment acceptance solutions, providing secure, reliable, and innovative Android-based payment terminals and services that enable a seamless payment experience. The company partners with thousands of customers worldwide, including banks, merchants, FinTechs, acquirers, ISVs, and PSPs, having deployed millions of POS terminals. With over 30 years of industry experience, Castles Technology combines device performance with advanced security and localized market expertise to offer global reach with strong regional support.
Founded in 2009, MT Bilgi Teknolojileri A.Ş. (MTBT) is a Turkish payment technology company specializing in the development of secure, IP-based platforms certified by the Ministry of Finance. Recognized as an R&D Center since March 2015, MTBT designs and develops a range of payment and fiscal solutions, including electronic cash registers, next-generation fiscal devices (YNÖKC), EFT-POS terminals, and integrated EFT-POS cash registers, powered by a domestic R&D workforce.
