The rising number of credit cards and transactions in Turkey is primarily driven by the influx of new consumers entering the banking system and obtaining credit cards as they transition into the job market after graduation. There is also a strong correlation between inflation and credit card expenditure in Turkey, as consumers are more reliant on this payment method during an economic downturn. Whilst consumers are spending more on credit cards in 2024, inflation has directly impacted retail pri...
Euromonitor International's Credit Card Transactions in Turkey report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Credit Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Credit Cards in Turkey
Euromonitor International
January 2025
List Of Contents And Tables
CREDIT CARDS IN TURKEY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Rising number of credit cards and transactions
Credit cards take on personal consumer loans
Extensive new credit card regulations emerge in 2024
PROSPECTS AND OPPORTUNITIES
Credit card debt likely to reduce over the forecast period
Credit cards shift towards secure and digital payments
Rise of exclusive services is attractive to affluent consumers
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2019-2024
Table 2 Credit Cards Transactions 2019-2024
Table 3 Credit Cards in Circulation: % Growth 2019-2024