Turkey Credit and Debit Card Market is Expected to Register a Transaction Value of around TRY 1.5 Trillion and around TRY 2 Trillion Respectively by 2023: Ken Research Rising population in Turkey is expected to increase the number of citizens associated with the banking sector, thereby increasing the credit and debit card circulation in the economy. A surge in ATM terminal network will increase the debit card usage as still a major portion of debit card holders use debit card for cash withdrawals.… Read More »
Turkey Cards and Payments Market is driven by Growing E-Commerce Market, Increasing POS and ATM Terminals Coupled with Consumer Centric Reward Point Program: Ken Research Key growth drivers for cards and payment industry include digitalization, development of infrastructure (Integration with Artificial Intelligent Platforms, POS Terminals and ATM Terminals), Improved Member Merchants Discounts, Rewards and Loyalty Programs, Increasing Disposable Income and Reducing Interest Rates The growth in the credit cards has been at an accelerating pace, specifically with improvement of the… Read More »
Turkey Cards and Payments Industry Research Report And Market Outlook: Ken Research Competition Scenario in Turkey Credit Cards Market Turkey is moderately concentrated with a presence of ~ banks with ~% market share and other handful of banks which do not have a dedicated cards business. The turkey cards and payments market is segmented in debit and credit card. Market has fierce competition, i.e., the credit card… Read More »
Turkey Cards and Payments Market Research Report And Market Forecast: Ken Research How Turkey Cards and Payments Market is Positioned? Turkey cards and payments market which was dominated by cash almost a decade ago and has witnessed advancement towards digital transactions both in terms of number of transactions and volume in the recent years. Turkey is making huge investments in digital technology in order to transform the financial… Read More »
Turkey Cards and Payments Market Outlook to 2023: Ken Research The report titled “Turkey Cards and Payments Market Outlook to 2023 – Rapid Acceptance of TROY Cards and Contactless Cards Coupled with Rising Penetration of Credit Cards to Drive Market Growth” provides a comprehensive analysis on the cards and payments industry covering various aspects including the introduction and genesis, market size of debit and credit… Read More »