Recently Viewed
empty-cart

There are no Recent Items

Close
Login/Register

Close
Single User License Price USD 3450
Single User License Price INR 232703
Corporate User License Price USD 10350
Corporate User License Price INR 698108
Site License Price USD 6900
Site License Price INR 465405
Request a Quote

Report Title

Consumer Payments Country Snapshot: Turkey 2016

Quote Request for License Type
License Type Price  
Single User License USD 3450
Site License USD 6900
Enterprise Wide License USD 10350
"Thanks for submitting the form. Our marketing team will connect back to you for the budget constraint."
Close
REQUEST A CUSTOMIZED RESEARCH

Report Title

Consumer Payments Country Snapshot: Turkey 2016


Quote Request for License Type
License Type Price  
Single User License USD 3450
"Thanks for letting us know your requirement. Our research team will connect back to you for the bespoke requirement."
Close
REQUEST FOR SAMPLE REPORT

Report Title

Consumer Payments Country Snapshot: Turkey 2016

"Thanks for submitting the form. The concerned team will send the sample report in the next 12 hours."
"Thank you for downloading the sample report."
Close

Consumer Payments Country Snapshot: Turkey 2016



Executive Summary

The Turkish payments market continues to witness significant change as it aims to become a cashless society by 2023. Although payment cards still play an important role, new payment technologies will continue to develop, with mobile payments expected to play a significant role in driving an increased level of electronic payment adoption in the Turkish market. This process will be supported by the modernization of the payments infrastructure over the last five years, as well as the latest amendments to regulation, which relaxed restrictions on credit card and consumer loan installment payment plans. This will have an impact on consumer indebtedness.

Key Findings

- With less than one in five Turkish consumers paying their credit card balance in full, the number of revolvers has continued to increase. The higher consumer indebtedness makes the credit card market particularly attractive for issuers aiming to benefit from both credit interest and interchange from purchases.

- While e-commerce accounts for the vast majority of online purchases by value in Turkey and is set to record a compound annual growth rate (CAGR) of 16% between 2015 and 2020, m-commerce is expected to record a CAGR of 41% over the same period of time.

- With PayPal being forced to close its operations in Turkey, its 21% market share will be redistributed among its competitors. As a result, it is very likely that mobile banking apps that allow P2P fund transfers will further increase their 36% market share in the future.

Synopsis

Verdict Financial's "Consumer Payments Country Snapshot: Turkey 2016" examines the consumer payments market in Turkey, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. It looks at the regulations in force in the market that players must comply with, and how these have changed in recent years.

The report also:

- Analyzes the major payment card types in terms of both card holding and usage.

- Identifies the major competitors in card issuing and how their position in the market has changed over the last five years.

- Considers consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how companies in Turkey are deploying these tools to meet customer needs.

- Explores the online payment market in Turkey by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.

- Considers the regulations affecting the payments market and how they are likely to affect both incumbents and disruptors.

Reasons to Buy

- Understand the key facts and figures in the consumer payments market in Turkey.

- Find out what products the major competitors are launching in the market and plan your strategy accordingly.

- Discover consumer sentiments towards various payment tools in the Turkish market and use this knowledge to inform product design.

- Learn about the key regulatory requirements affecting Turkish payments players and any recent or upcoming changes to those requirements.

MEGATRENDS

PROXIMITY PAYMENTS

REMOTE PAYMENTS

PAYMENTS INFRASTRUCTURE & REGULATION

APPENDIX

To know more information on Purchase by Section, please send a mail to sales@kenresearch.com

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License:
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Ziraat Bankasi

Yapi Kredi Bankasi

Garanti Bankasi

Turkiye Is Bankasi

Visa

MasterCard

American Express

Vakiflar Bankasi

PayPal

Akbank

Western Union

TEB

Monitise

ING

Turk Ekonomi Bankasi

Samsung

Apple

LG

Sony

Hepsiburada

GittiGidiyor

Lidyana

Trendyol.

P2P, regulation, payments, cash, digital wallets, disruption, fintech, Turkey, Turkish, credit, debit, charge, prepaid, online, e-commerce, m-commerce, mobile payments


Related Products in vertical
red-whiteline

RECENT VIEWED REPORTS



Sign up for newsletter

Close
Apply For Job

  • Applicant Name
  • Job Function
  • Total Experience
  • Skills
  • Email ID
  • Notice Period
  • Current CTC & Expected CTC
  • Phone Number
  • Validation
  • captcha  info-icon

    If validation code does not match, please refresh the page.

  • "Your resume has been successfully received. HR will connect you within 14 days in case your resume gets shortlisted."
Close
Download Company Brochure

  • Name
  • Email
  • Company Name
  • Select Country*
  • Phone Number
  • Validation
  •   info-icon

    If validation code does not match, please refresh the page.

Close
Engage With Us

  • Name
  • Designation
  • Email
  • Phone No.
  • Company Name
  • Company URL
  • Select Country*
  • Requirements/ Comments
  • Validation
  • captcha  info-icon

    If validation code does not match, please refresh the page.

  • "Thanks for submitting the form. The concerned team will respond to your query in the next 8-12 hours"
Close

Compare

Expand