According to the data of the Interbank Card Center (BKM), the total amount of payments made in May with credit cards, debit cards and prepaid cards increased by 125% compared to the same period of the previous year and reached ₺625.9 billion.
BKM announced its data for May.
Accordingly, at the end of May, 107.1 million credit cards, 177.6 million debit cards and 78.6 million prepaid cards were reached in Turkiye.
Compared to May 2022, there was an increase of 19% in the number of credit cards, 14% in the number of debit cards, and 28% in the number of prepaid cards.
The total number of cards reached 363.3 million, an increase of 18% compared to the same period of the previous year.
The total amount of payments made with credit cards, debit cards and prepaid cards in May increased by 125% compared to the same period of the previous year and reached ₺625.9 billion. ₺507.7 billion of card payments were made with credit cards, ₺108 billion of debit cards and ₺10.2 billion of prepaid cards were used.
Compared to the same period of the previous year, the growth rate was 130% in credit card payments, 109% in debit card payments, and 110% in payments made with prepaid cards.
The total number of payments made by credit cards, debit cards and prepaid cards in May increased by 27% compared to the same period of the previous year and became 1.3 billion. While 717 million of these payments were made with credit cards, 502 million of them were debit cards and 80.9 million of them were prepaid cards.
Compared to the same period of the previous year, the rate of growth in the number of payments by credit card was 25%, while the number of payments by debit card was 30%, while this rate was 24% in the number of payments made with prepaid cards.
21.5 MILLION TIMES WITHDRAWAL WITH QR CODE
With TROY logo credit cards, debit cards and prepaid cards, the total amount of shopping made in May increased by 469% compared to the same period of the previous year and reached ₺13 billion. In May, the amount of shopping and cash withdrawals made with TROY logo cards approached ₺20 billion, and this figure reached ₺63.3 billion as of the beginning of the year.
The market share of TROY logo cards in total shopping reached 2.08% in May.
In May, cash withdrawals were made from ATMs 21.5 million times with TR QR Code. 18% of all cash withdrawal transactions were realized with TR QR Code.
The use of QR codes in workplace payments made via POS is increasing rapidly. Payments with TR DataMatrix made at workplaces reached 4 times compared to the same month of the previous year. Thus, the number of transactions reached 2.37 million in May 2023.
Source: NTV / Prepared by Irem Yildiz