Payment Card Year Books

Turkey 2020/2021

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  • Regular price £240.00

Payment Organisation

BKM is the interbank authorisation and switching centre.

Domestic Card Brand

TROY cards co-badged Discover for international use. 

Market Structure

In 2016, Turkey’s first domestic card scheme, TROY, went live. 

There were 236.03 million cards by end-2019. Debit cards, accounting for 56.43% of cards in circulation, are mainly used for ATM access. Credit cards are used for purchases. 

Cash advances on credit cards are a feature of the market. 

Credit cards are a popular form of borrowing, with balances accounting for nearly 30% of total household borrowing.

Turkey was the first country in Europe to issue contactless cards. At end-2019, there were 73.5 million contactless cards and 1,556,315 contactless EFTPOS terminals (97.30%). 

There are credit card service platforms specific to Turkey managed by the leading banks and open for other participating banks, including sharing of ATM/POS networks: World Card, Bonus, Maximum, Advantage and Axess. 

Turkey is a self-styled laboratory and pilot country for innovative technologies: contactless, NFC, biometrics, wearables, touch-ID. 

Several Turkish banks have formed strategic links with foreign groups, including UniCredit, ING, HSBC, BBVA, QNB, QCB. 

Notable Market Trends

Contactless rollout: cards, POS/MPOS terminals, TROY cards, 

QR-Codes, HCE NFC payments, digital wallets, contactless ATMs, biometric ATMs, card-less ATMs 


 UPDATED: tables with card business data 2015-2019; growth rates: Y-o-Y, CAGR
 Population, Cards per Capita, Card Value per Capita
 Debit Cards, Credit/Delayed Debit Cards, Total Cards
 Card payments by number and by value, ATV per card, payments per card/year
 ATMs, POS terminals, ATMs/POS terminals per 1 million capita
 ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month
 POS payments by number/by value, ATV per POS payment, TXs per POS/month
 Internet Use, e-payment mix, B2C e-Commerce by value and growth rate
 Issued Card brands by individual major issuer bank
 Accepted card brands by individual major acquirer
 Drill down into the debit card use and credit cards use details 


Digital product provided in PDF format. You will receive a download link to a zip file containing your files after checkout. 


Version 1.1 - last updated Friday 15th January 2021