Interbank Card Center (BKM) announced data for the month of May. According to the shared report, in our country 107.1 million credit card, 177.6 million bank card and 78.6 million It turned out that a prepaid card was used. It was observed that there were 19 percent, 14 percent and 28 percent increases in these cards, respectively, compared to the same period of the previous year. The total number of cards used in Turkey was compared with the data of May 2021. In this direction 1 percentin 8 increments 363.3 million reached the number.
How many card payments were made in May?
The total amount of payments made by cards in May, compared to the same period of the previous year 125 percentshowing an increase of 625.9 billion TLfound the . These 507.7 billion TLwas done with credit cards. 108 billion TL when using bank cards; 10.2 billion TL It was understood that prepaid cards were used.
Compared to the same period of the previous year, the growth rate was 130 percent in credit card payments, 109 percent in debit card payments, and 110 percent in payments made with prepaid cards.
Bad news for credit card holders: The maximum interest rate has increased!
The Central Bank increased the credit card maximum interest rate earlier than expected. The rate hike, which should have been implemented in August, was premature.
The number of card payment transactions increased by 1 in 4!
The total number of payments made by credit cards, debit cards and prepaid cards in May increased by 27 percent 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 percent, while the number of payments by debit card was 30 percent, while this rate was 24 percent in the number of payments made with prepaid cards.
The payment world of the future: TR QR Code
In May, cash withdrawals were made from ATMs 21.5 million times with TR QR Code. 18 percent 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.
BKM TechPOS usage is also at a record level!
BKM TechPOS transactions reached its highest level since the beginning with an average of 52.8 million transactions per month as of May. As of May, the highest monthly turnover amount was reached with 14 billion TL in payments made using BKM TechPOS. In line with these developments, BKM TechPOS; While the volume of transactions in the payment terminals, whose total number is 3.2 million, increased to 4 percent, its use in the field on the basis of application reached 363 thousand.