TROY MILITARY

Target: TROY - Türkiye’s Payment Method Operating entity: Bankalararası Kart Merkezi A.Ş. (BKM) Jurisdiction: Türkiye Research date: 26 October 2026 Scope: Israeli defence and security procurement, military supply chains, occupied-territory operations, controlling-principal activities and relevant regulatory history.

Direct Defence Contracting & Procurement

Entity and corporate structure

TROY is Türkiye’s domestic payment-card scheme, established in 2016 under Bankalararası Kart Merkezi A.Ş. (BKM), which operates its financial-payment infrastructure; TROY-branded cards are issued by participating banks and electronic-money institutions.¹

The Central Bank of the Republic of Türkiye became BKM’s controlling shareholder on 30 April 2020, pursuant to the Turkish legal framework governing systemically important payment-system operators.²

The CBRT identifies BKM as the operator of Türkiye’s domestic card clearing and settlement system and confirms its licensing as a payment-system operator under a decision dated 12 June 2015.³

TROY’s current public documentation distinguishes the payment scheme from the individual financial institutions that issue cards bearing its brand.⁴

Ministry of Defence and IDF contracts

No public evidence identified of a direct contract, tender award, framework agreement or memorandum of understanding between TROY/BKM and the Israeli Ministry of Defence, Israel Defence Forces, Israel Prison Service, Israeli Border Police or another Israeli state security body in the reviewed ownership, product and payments documentation.^{1, 3, 5}

No public evidence identified of an Israeli military procurement-card programme, defence-specific merchant-acquiring agreement or government purchasing-card arrangement naming TROY as the contracted payment network.^{5, 6}

Defence trade directories

No public evidence identified of TROY appearing as an Israeli military equipment supplier or defence-service contractor in the reviewed TROY/BKM corporate descriptions or CBRT payment-system documentation.^{1, 3, 7}

No public evidence identified of a TROY-branded weapons, aerospace, naval, armoured-vehicle or military electronics offering associated with SIBAT or Israeli defence exhibitions in the reviewed product information.^{7, 8}

Corporate announcements and cooperation

TROY’s documented corporate cooperation centres on financial-payment infrastructure, payment-card acceptance and integration with issuing institutions rather than military equipment supply.^{1, 5, 9}

BKM’s financial-system relationships include participating Turkish banks and payment companies; inclusion on TROY’s member lists establishes scheme participation without establishing those institutions’ unrelated activities as TROY operations.^{4, 10}

The current TROY commercial-card documentation describes payment products and services for businesses without identifying an Israeli military or security organisation as a customer.¹¹

No public evidence identified of an announced Israeli defence joint venture, military cooperation agreement or Israeli military customer reference involving TROY/BKM.^{1, 11}

TROY’s official contact page identifies the legal entity behind the payment scheme as Bankalararası Kart Merkezi Anonim Şirketi (Bankalararası Kart Merkezi A.Ş., abbreviated BKM). Its privacy notice explicitly identifies BKM as the company responsible for the TROY website. TROY’s official FAQs independently confirm that TROY is a card-payment system established, owned and operated by BKM, rather than a separately identified legal company. This confirms the audit’s existing statements under “Entity and corporate structure” identifying TROY as Türkiye’s domestic payment-card scheme and BKM as its operating entity. It also establishes the operator’s full registered Turkish company name. The Central Bank of the Republic of Türkiye separately identifies BKM as a licensed payment-system operator, although its regulatory description specifically concerns the Domestic Clearing and Settlement System (YTH). These records support the existing attribution of TROY’s operations to BKM without attributing the independent activities of participating card issuers to TROY.^{12, 4, 13}

Dual-Use Products & Tactical Variants

Documented product portfolio

TROY provides consumer and commercial debit, credit and prepaid payment-card services, including physical and digital payment acceptance.^{4, 11}

Its current technology catalogue identifies contactless payment, mobile payment, wearable-device payments, transit payment, secure online authentication and QR-code payment services.⁷

TROY’s contactless payment technology enables cardholders to pay at compatible point-of-sale terminals, including through NFC-enabled Android mobile devices.¹⁴

The mobile contactless service integrates TROY cards with participating financial institutions’ mobile-wallet infrastructure and supports ordinary commercial transactions.¹⁵

TROY also supports payment from NFC-enabled wearable devices, including smartwatches, rings and wristbands.¹⁶

GO Secure Pay provides e-commerce transaction authentication through cardholder verification and secure communication between merchants and issuing institutions.¹⁷

The corporate description of GO Secure Pay identifies online-commerce authentication, fraud prevention and transaction security as its purposes.¹⁸

TROY’s TR QR Code service enables payment and cash-withdrawal transactions through compatible ATM and point-of-sale infrastructure.¹⁹

Military-specific variants

No public evidence identified of tactical, ruggedised, military-certified or defence-grade variants of these payment products marketed to Israeli military or security forces in the reviewed product catalogue.^{7, 14, 15}

No public evidence identified of TROY software purpose-built for autonomous targeting, weapons guidance, fire control, kinetic targeting decisions or weapons integration.^{7, 17, 18}

Civilian versus military application

The documented services are designed for general-purpose payment processing, commercial purchases, authentication and retail financial transactions.^{4, 7, 11}

TROY’s published issuer documentation does not identify an Israeli military end-user or describe a military-specific modification to its payment infrastructure.^{4, 10}

No public evidence identified establishing that TROY has supplied or customised a product specifically for the IDF, IMOD or another Israeli military organisation.^{1, 7}

Export controls and end-user certification

No public evidence identified of an export licence, military end-user certificate or defence technology authorisation naming TROY/BKM and an Israeli military recipient in the reviewed official payment-system and company records.^{2, 3, 11}

Heavy Machinery, Construction & Infrastructure

Equipment in occupied territories

TROY’s published products concern payment cards, transaction authentication, digital wallets and financial processing rather than heavy industrial machinery.^{7, 11}

No public evidence identified of TROY-branded construction equipment, demolition machinery, engineering vehicles or military infrastructure equipment being deployed in the West Bank, East Jerusalem or occupied Golan Heights in the reviewed company disclosures.^{1, 7}

Direct and indirect supply

The published TROY payment scheme operates through participating financial institutions and card acceptance infrastructure, without identifying a construction-equipment distribution or heavy-machinery dealership network.^{1, 10}

No public evidence identified of machinery supplied directly, through authorised intermediaries or through secondary-market distribution for Israeli settlement construction or demolitions.^{1, 11}

Settlement construction and engineering

The United Nations’ settlement-business database concerns specified categories of business involvement in Israeli settlements; its reporting methodology examines identifiable business enterprises and their activities.²⁰

The 2026 OHCHR database update was reported on 25 September 2026 as identifying 214 companies from 11 countries, following earlier database updates in 2023 and 2025.²¹

The accessible United Nations Human Rights Council proceedings concerning the updated database describe its assessment and review procedures without identifying a TROY-specific construction, demolition or engineering contract.²²

No public evidence identified of a TROY/BKM contract to construct, maintain or expand Israeli settlements, checkpoints, military installations, detention facilities or the separation barrier.^{1, 20, 22}

Geographic footprint

TROY’s corporate documentation describes card acceptance throughout Türkiye and international usage through compatible international card networks.⁴

No public evidence identified of a TROY-owned facility, directly operated construction project or settlement-specific military installation in occupied territory in the reviewed corporate documentation.^{1, 4}

Supply Chain Integration with Defence Primes

Israeli defence manufacturers

No public evidence identified of TROY/BKM supplying components, assemblies, specialist manufacturing services or military subsystems to Elbit Systems, Israel Aerospace Industries, Rafael Advanced Defense Systems or Israel Military Industries in the reviewed corporate and product documentation.^{1, 7, 11}

No public evidence identified of a named Israeli defence prime contracting TROY to operate a defence-specific payments programme.^{5, 11}

International payment partnerships

TROY’s international payment capabilities include interoperability with foreign payment networks, enabling cardholders to make transactions at compatible merchants abroad.^{4, 6}

Worldline’s payment integration documentation identifies TROY as a Turkish card-payment option available through its GlobalCollect platform, with payment product identifier 188.²³

The Worldline documentation describes merchant payment integration and does not identify a military end-user, Israeli defence component or defence procurement programme.²³

BKM’s international payment relationships also include historical cooperation with Discover, described in TROY’s public documentation as a means of supporting international card acceptance.⁴

The international card-network arrangements documented in the reviewed materials concern general payment acceptance, without evidence of a defence-specific product or supply agreement.^{4, 23}

Component categories

TROY’s current technological offerings include payment authentication, NFC-based contactless payments, QR transactions and financial-institution integration.^{7, 15, 19}

No public evidence identified of TROY/BKM supplying guidance electronics, optical targeting equipment, military communications modules, propulsion components, armour materials or radar assemblies to Israeli defence manufacturers.^{7, 11}

Joint development and co-production

No public evidence identified of a joint Israeli defence research programme, military technology-transfer agreement, licensed weapons manufacturing arrangement or defence co-production project involving TROY/BKM.^{1, 7}

Ownership and attribution

TROY’s corporate structure identifies BKM as the operator, while BKM’s ownership includes the Turkish central bank and participating financial institutions.^{2, 4}

The membership of an issuing bank in TROY’s network does not establish that TROY owns that institution or controls the institution’s other commercial activities.^{4, 10}

No public evidence identified of an attributable Israeli defence manufacturing investment by TROY/BKM in the reviewed entity-level disclosures.^{1, 2}

Logistical Sustainment & Base Services

Military installation services

TROY’s corporate and consumer offerings encompass payment cards, financial authentication and transaction services.^{4, 11, 17}

No public evidence identified of a TROY/BKM contract to supply catering, fuel, waste management, facilities maintenance, military telecommunications or base transportation services to Israeli military installations.^{1, 7, 11}

Public transport

The BKM Transportation Platform provides contactless payment infrastructure for urban public transport, allowing passengers to use compatible payment cards and digital wallets.⁹

TROY’s consumer transit product supports payment at compatible public transport terminals using contactless cards and mobile wallets.²⁴

The documented transport services concern civilian public transit; no Israeli military transport operator, troop transport programme or military logistics contract is named in the reviewed service descriptions.^{9, 24}

Geographic specificity

No public evidence identified of TROY/BKM providing dedicated military support services to an Israeli installation in the West Bank, East Jerusalem, Golan Heights or Negev in the reviewed services and geographic documentation.^{1, 9, 24}

Shipping and freight

TROY’s commercial product catalogue describes financial-payment instruments and related technologies rather than shipping, freight forwarding or physical cargo-handling services.¹¹

No public evidence identified of TROY/BKM contracting to transport military cargo, handle weapons shipments at Israeli ports or deliver military freight services.^{9, 11}

Government payment services

On 29 January 2025, the Turkish Ministry of Treasury and Finance announced that a presidential circular dated 16 January 2025 established the use of domestically issued TROY cards as the general basis for payments by Turkish public institutions.²⁵

The announcement concerns Turkish public-sector payment arrangements and does not establish procurement or service provision to Israeli military institutions.²⁵

No public evidence identified of the Turkish government-payment programme being used to service an Israeli military base or Israeli defence logistics contract.^{11, 25}

Munitions, Weapons Systems & Strategic Platforms

Lethal weapons manufacturing

TROY’s documented activities are financial transactions, card-network infrastructure and payment security services.^{1, 7}

No public evidence identified of TROY/BKM manufacturing, licensing, integrating or supplying small arms, artillery, armoured vehicles, military drones, combat aircraft, warships or other weapons platforms for Israeli military forces.^{1, 7, 11}

Munitions and precursor materials

No public evidence identified of TROY/BKM producing or supplying ammunition, explosives, chemical propellants, warhead materials or munitions precursor components to Israeli defence end-users.^{1, 7, 11}

Strategic defence systems

No public evidence identified of TROY/BKM involvement in the manufacture, integration or sustainment of Iron Dome, David’s Sling, Arrow, Israeli combat aircraft, main battle tanks or ballistic missile platforms.^{1, 7}

Critical subsystems

No public evidence identified of TROY/BKM supplying military radar, fire-control electronics, weapons guidance, propulsion components or targeting subsystems specifically designed for Israeli lethal or strategic platforms.^{7, 18}

Purpose-built kinetic software

GO Secure Pay’s documented output is commercial payment authentication and authorisation rather than military targeting or weapons effects.^{17, 18}

The current technology catalogue identifies financial-payment and transaction-security applications without naming an autonomous targeting, kill-chain automation or weapons-integration product.⁷

No public evidence identified of TROY/BKM providing AI software designed primarily to select military targets or directly produce kinetic weapons effects.^{7, 18}

Export Licensing, Regulatory & Legal History

Financial regulation

The CBRT confirms that BKM received authorisation as a payment-system operator under decision 10159/19758, dated 12 June 2015, published in the Turkish Official Gazette on 19 June 2015.³

The CBRT announced its controlling shareholding in BKM on 30 April 2020, explaining that the transaction related to the operation and development of important national payment infrastructure.²

These disclosures concern financial regulation and payment-system supervision.^{2, 3}

Export licence decisions

No public evidence identified of a government granting, denying, suspending or revoking a military export licence specifically for TROY/BKM products supplied to an Israeli defence or security end-user in the reviewed financial-regulatory and corporate documentation.^{2, 3, 11}

Sanctions and embargo compliance

No public evidence identified of a sanctions or arms-embargo enforcement action concerning TROY/BKM’s alleged Israeli military supply relationship in the reviewed official disclosures.^{2, 3}

Legal proceedings

No public evidence identified of judicial review, civil litigation or criminal proceedings concerning a TROY/BKM contract supplying Israeli military equipment or military services in the reviewed publicly accessible records.^{1, 3}

Constructive-notice chronology

The TROY scheme was established in 2016, and the CBRT’s controlling shareholder status dates from April 2020.^{1, 2}

The Turkish government’s January 2025 adoption of TROY for public-sector payment use occurred after 19 July 2024 and November 2024 but concerned domestic Turkish payment administration.²⁵

No public evidence identified in the reviewed sources of an Israeli military supply relationship by TROY/BKM continuing after either date.^{1, 11, 25}

Civil Society Scrutiny & Documented Investigations

UN and specialist investigations

OHCHR’s business-enterprise database framework addresses specified forms of involvement in Israeli settlement activity, with updates and procedures described in UN reporting.^{20, 22}

The September 2026 database reporting recorded 214 listed businesses and described the scope of the latest review of companies involved in settlement-related activities.²¹

No TROY-specific Israeli military or settlement supply activity was identified in the accessible United Nations proceedings reviewed for this audit.²²

No public evidence identified of a TROY-specific military supply-chain finding in the authoritative-source searches conducted for Who Profits, AFSC Investigate, Amnesty International, Human Rights Watch, Al-Haq, B’Tselem, PAX, SOMO or BankTrack; the reviewed UN materials provide the documented institutional context for those searches.^{20, 22}

Boycott and divestment

In November 2023, TRT World reported that Turkish consumers were switching to TROY-branded cards during campaigns urging alternatives to Visa and Mastercard in response to Israel’s military campaign in Gaza.²⁶

The report described TROY as a Turkish domestic payment alternative and documented consumer statements explaining their decisions to change card schemes.²⁶

On 29 November 2023, Türkiye’s Consumer Union Federation published a statement supporting the use of TROY cards instead of Visa and Mastercard as part of its boycott campaign.²⁷

The federation’s statement promoted TROY and called for wider provision of TROY cards by financial institutions.²⁷

These campaigns concerned the use of TROY as an alternative payment scheme; the reviewed campaign materials did not identify TROY as an Israeli defence supplier.^{26, 27}

No public evidence identified of a pension-fund divestment, sovereign wealth fund exclusion or organised boycott specifically targeting TROY for defence procurement or supply to Israeli military forces in the reviewed campaign reporting.^{26, 27}

Corporate response

TROY’s public explanations present the scheme as domestic financial infrastructure intended to support Turkish payment-system independence and retain payment-related economic activity in Türkiye.^{1, 4}

No public evidence identified of TROY/BKM announcing the termination of an Israeli defence contract, implementing military end-use restrictions or responding to accusations about Israeli military procurement in the reviewed company statements.^{1, 4}

Controlling principals

The Central Bank of the Republic of Türkiye is BKM’s controlling shareholder, according to its 2020 announcement and TROY’s current ownership description.^{2, 4}

No public evidence identified in the reviewed ownership and corporate disclosures of a TROY/BKM controlling principal directing a verified Israeli military procurement transaction, making a documented donation to an Israeli military-support organisation, or owning a specifically identified Israeli defence manufacturing interest.^{2, 4}

Evidence boundaries

The available Worldline integration and TROY corporate documentation establish merchant payment functionality without identifying the ultimate purpose of every possible merchant transaction.^{11, 23}

The reviewed TROY issuer and commercial-card records do not establish defence-specific transaction flows, military merchant contracts or settlement-level acquiring activity.^{10, 11}

No public evidence identified of a specific military-related transaction, contract or operational deployment sufficient to attribute Israeli defence supply activities to TROY/BKM within this Military review.^{1, 11, 23}