Starting from November 1, 2023, Papara will make deductions from unused accounts.
Papara has recently gained attention as a popular technology financial institution. However, according to recent reports, users who have not used the application in the last six months will be charged a monthly fee. This decision will take effect from November 1, 2023. Papara is an application that offers various financial services and has many partnerships, but the details of this new fee policy have been a topic of discussion.
Papara will charge a monthly fee of 9.90 TL from users who have not made any transactions or logged into the application in the last six months. Considering that Papara's revenue source is the commissions it receives from user transactions, this decision was made because inactive users increase the platform's costs. The fee will be implemented starting from November 1, 2023, and will be automatically deducted from their accounts. If there is not enough balance in the account, the deduction will be made up to the balance. If you do not wish to use your account, there is also an option to close the account.
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