Credit card limits are being expanded

Credit card limits are being expanded

Credit card payments increased by 122 percent

The Interbank Card Center (BKM) announced its data for September.

Accordingly, in September, the number of credit cards in Turkey was 112.7 million, the number of debit cards was 184.4 million and the number of prepaid cards was 84.5 million.

NUMBER OF CARDS INCREASES: 381 MILLION

Compared to September last year, the number of credit cards increased by 18 percent, the number of debit cards increased by 12 percent and the number of prepaid cards increased by 28 percent. The total number of cards reached 381.6 million, an increase of 17 percent compared to the same period last year.

The total amount of payments made with credit, debit and prepaid cards in September increased by 122 percent compared to the same period last year and reached 807.7 billion TL. While 657.8 billion TL of card payments were made with credit cards, 135.8 billion TL were made with debit cards and 14.1 billion TL were made with prepaid cards.

CONTACTLESS USE IS INCREASING

The growth rate in payments made by credit card compared to the same period of the previous year was 128 percent, in payments made with debit card it was 97 percent and in payments made with prepaid cards this rate was 120 percent.

The total number of payments made with credit, debit and prepaid cards in September increased by 27 percent compared to the same period last year, reaching 1.4 billion. While 789 million card payments were made with credit cards, 529 million with debit cards and 86.6 million with prepaid cards.

The growth rate in the number of payments made with credit cards was 29 percent compared to the same period last year, and 25 percent in the number of payments made with debit cards, while this rate was 28 percent in the number of payments made with prepaid cards. cards.

Online card payment reached 227 billion TL. 3 out of every 4 card payments made in establishments were made contactless. (AA)

Source: Sozcu

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