Turkcell TKC +0.58% (ise:TCELL), the leading communications and technology company today launched the world's first SIM-based, Near Field Technology ("NFC") road toll payment application on its own branded smartphone T11, in collaboration with Bank Asya.

Turkcell TKC +0.53% (ise:TCELL), the leading communications and technology company today launched the world's first SIM-based, Near Field Technology ("NFC") road toll payment application on its own branded smartphone T11, in collaboration with Bank Asya. Currently only applicable on Turkcell's T11, the system eliminates the need for plastic transmission cards (KGS) when crossing bridges and freeway turnpikes. Turkcell subscribers with a T11 can easily request a Bank Asya KGS application and upload cash through the Cep-T Cüzdan (mobile wallet) application on their mobile phones without having to physically visit a bank or payment point at the turnpikes.