The Interbank Card Center released card payment data for July. The total value of payments made in Türkiye with credit, debit and prepaid cards rose 37% year on year to 2.9749 trillion liras.
Number of cards reaches 476.2 million
As of July, the number of credit cards stood at 151.7 million, debit cards at 223.2 million and prepaid cards at 101.3 million. The number of credit cards rose 11% year on year, while the number of debit cards increased 4%; the number of prepaid cards fell 3%.
The total number of cards rose 4% over the same period to 476.2 million.
Credit cards account for the largest share of payments
Of the 2.9749 trillion liras in card payments made in July, 2.5418 trillion liras were made with credit cards, 425.8 billion liras with debit cards and 7.3 billion liras with prepaid cards.
Payment value rose 38% year on year for credit cards and 39% for debit cards. The value of payments made with prepaid cards fell 43%.
The number of payments made with cards rose 11% to 2 billion. Of these payments, 1.1813 billion were made with credit cards, 783.5 million with debit cards and 33.2 million with prepaid cards.
The number of payments made with credit and debit cards rose 12% compared with the same period last year. The number of payments made with prepaid cards fell 35%.
Online card payments reach 908.9 billion liras
The value of card payments made online rose 34% year on year in July to 908.9 billion liras. Online payments accounted for 30% of total card payments.
The number of card payments made online also rose 11% to 258.7 million. These payments accounted for 13% of the total number of payments.
Contactless payments exceed 1 trillion liras
The number of contactless payments rose 9% to 1.3368 billion. The value of contactless payments increased 44% to 1.0153 trillion liras.
In July, four out of every five card payments made in stores were contactless.
