What Is AltınPOS and How Does It Work?

A significant share of sales in the jewelry industry is made by card. With conventional POS solutions, businesses must wait for card payment proceeds to reach their accounts. During this period, fluctuations in gold prices and delays in replenishing inventory can create significant financial risks for jewelers.

AHL Pay AltınPOS is a payment solution developed specifically for the jewelry industry to address these needs.

What Is AltınPOS?

AHL Pay AltınPOS brings payment acceptance, the conversion of Turkish lira (TRY) balances into gold, and physical gold procurement together within a single infrastructure. Going beyond a conventional POS terminal, AltınPOS simplifies jewelers’ daily operations while offering significant advantages in financial risk management.

What Does AltınPOS Do?

Enables Instant Conversion of Sales Proceeds into Gold

One of the key advantages of AltınPOS is the ability to instantly convert the TRY balance generated from sales into gold at favorable gold-to-TRY exchange rates. This allows jewelers to reduce their exposure to price fluctuations, conduct their business in gold terms, and minimize the risks associated with holding TRY.

Provides Physical Gold and Jewelry Supply

Balances converted into gold do not have to remain in digital form. Jewelers can request physical delivery of gold bars in various weights, Turkish gold coins, and a range of jewelry products to their business addresses. This allows sales proceeds to be converted directly into inventory without the need for a separate procurement process.

Offers a Robust Payment Infrastructure

AltınPOS accepts payments made with all bank debit and credit cards. Installment payment options are available across many card brands, making high-value jewelry purchases more accessible to customers. Support for foreign-issued cards also makes it easier to serve international visitors.

Supports Fiscal Integration

Cash register POS integration, e-invoicing, and electronic document support help businesses streamline their operations and meet regulatory requirements.

Brings the Entire Process Together in One System

Card sales, the conversion of TRY into gold, and physical product procurement can all be completed on the same day through a single system. This integrated structure is the key feature that sets AltınPOS apart from standard POS solutions.

Which Businesses Is AltınPOS Suitable For?

AltınPOS is designed for jewelers, gold and jewelry retailers, and businesses that wish to convert their card sales proceeds into gold. Jewelers operating in tourist destinations and frequently accepting foreign-issued cards, as well as businesses with high transaction volumes, can particularly benefit from AltınPOS.

How Can You Apply for AltınPOS?

You can start your application by clicking the “Apply Now” button on the AltınPOS page of the AHL Pay website. Following your application, the AHL Pay team will contact your business to provide information about the process. The following documents are required when applying:

Current tax registration certificate
Authorized signatory circular or signature declaration
A copy of the Trade Registry Gazette
Jewelry Trade Authorization Certificate / Vocational Qualification Certificate / Master Craftsman Certificate
Business activity certificate
Copies of the shareholders’ identification documents