Card payments doubled

In November, 181 billion TL payments were made by cards. The amount of online card payments, on the other hand, increased by 90 percent compared to the previous year and exceeded 55 billion TL in November. In 2021, the day when the highest amount of online card payment was made was Friday, November 26, when brands offered discounts on many products.

In November, the total amount of payments made with credit cards, debit cards and prepaid cards increased by 66 percent compared to the same period of the previous year and became 181.3 billion TL. While 148.9 billion TL of card payment amount in November was made with credit cards, 29 billion TL was bank cards and 3.4 billion TL was prepaid cards. Compared to the same period of the previous year, the rate of growth was 64 percent in credit card payments, 69 percent in debit card payments, and 208 percent in payments made with prepaid cards.

According to the data announced by the Interbank Card Center (BKM), 83.4 million credit cards, 148.6 million debit cards and 55.7 million prepaid cards are used in Turkey as of the end of November. Compared to November 2020, the number of credit cards increased by 11 percent, the number of debit cards by 4 percent, and the number of prepaid cards increased by 33 percent. The total number of cards, on the other hand, increased by 11 percent compared to the same period of the previous year and reached 287.7 million.

THE AMOUNT OF PAYMENTS ON THE INTERNET WITH CARD REACHED 2 TIMES OF THE LAST YEAR

Online card payments continue to be one of the most important payment tools preferred in all areas of life. Especially in November, with the discounts applied by stores and e-commerce sites on different days, the amount of online card payments exceeded 55 billion TL with an increase of 90 percent compared to the same period of the previous year. The share of online card payments in total card payments, which was 26 percent in November last year, reached 29 percent this year; that is, in November this year, 1 TL of every 3 TL card payment was made online.

THE HIGHEST GROWTH IN INTERNET CARD PAYMENTS ACCOMPLISHED IN THE ACCOMMODATION, TRAVEL AGENCIES AND AIRLINES SECTORS

When the sectoral distribution of online card payments made in November is analyzed, the highest increase was seen in the tourism sector, where early reservations started to be made. The amount of online card payments in the accommodation sector reached 196 million TL, with an increase of 355 percent compared to the same period of the previous year; This sector was the sector with the highest increase in online card payments. Travel agencies with 1.75 billion TL volume and 229 percent increase, airlines with 3.54 billion TL volume and 211 percent increase, building materials with 3.26 billion TL volume and 106 percent increase, market- The food industry was among the other industries where online card payments increased the most.

IN NOVEMBER, THE MOST INTENSIVE DAYS FOR INTERNET PAYMENTS WITH CARD WAS 26 NOVEMBER FRIDAY AND 11 NOVEMBER THURSDAY, REQUIRED

In the shopping festival, which coincides with the fourth Friday of November every year around the world and is also named as “Super Friday”, “Magnificent Friday” and “Legend Friday” in Turkey, stores and e-commerce sites offered many discount campaigns this year. Along with the discounts on November 11, one of the days in which intense campaigns were organized, there was an increase in card payments, especially on the internet, throughout the month of November. While the discounts made by the retailers were spread over the week containing the relevant period instead of a single day, the days in which the most online card payments were made in November and in 2021 were Friday, November 26 and Thursday, November 11. The amount of card payments made on November 26 increased by 60 percent compared to the same day of the previous year* (November 27) to 3.1 billion TL, while the amount of card payments made on November 11 increased by 39 percent compared to the same day of the previous year and reached 2.5 billion TL. reached.


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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

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