Attention credit card users! 4 out of every 5 payments were made this way

The increase in card spending in Türkiye continued in September. The total amount of payments made with credit cards, debit cards and prepaid cards increased by 35 percent compared to the same month last year, reaching 2 trillion 965.5 billion lira. Interbank Card Center (BKM) announced card payment data for September.

THE NUMBER OF CREDIT CARDS REACHED 155 MILLION

According to BKM data, as of September, there are 155 million credit cards, 225.2 million debit cards and 98.7 million prepaid cards in Türkiye.

Compared to the same month last year, the number of credit cards increased by 11 percent and the number of debit cards increased by 4 percent. The number of prepaid cards decreased by 7 percent. Thus, the total number of cards in Türkiye increased by 3 percent on an annual basis, reaching 478.9 million.

MAJORITY OF CARD PAYMENTS WERE MADE WITH CREDIT CARDS

Of the 2 trillion 965.5 billion lira payments made with cards in September, 2 trillion 515.3 billion lira were made with credit cards. Payments made with bank cards amounted to 442 billion liras, and payments made with prepaid cards amounted to 8.2 billion liras.

When the annual change is examined, the payment amount increased by 35 percent in credit cards and 39 percent in debit cards. The amount of payments made with prepaid cards decreased by 44 percent.

ONLINE CARD PAYMENTS REACHED 901 BILLION LIRAS

The amount of card payments made online in September increased by 35 percent compared to the same period last year, reaching 901 billion liras. The share of card payments made online in the total amount was 30 percent.

The number of card payments made online increased by 14 percent annually, reaching 262.9 million. The share of these payments in the total number of payments was 14 percent.