Payments Landscape in Turkey: Opportunities and Risks to 2022

Publisher Name :
Date: 05-Sep-2018
No. of pages: 69
Inquire Before Buying

Payments Landscape in Turkey: Opportunities and Risks to 2022

Summary

GlobalData's "Payments Landscape in Turkey: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Turkish cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, and cheques during the review-period (2014-18e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together GlobalData's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

The report provides top-level market analysis, information and insights into the Turkish cards and payments industry, including -

- Current and forecast values for each market in the Turkish cards and payments industry, including debit and credit cards.

- Detailed insights into payment instruments including cards, credit transfers, and cheques. It also, includes an overview of the country's key alternative payment instruments.

- E-commerce market analysis.

- Analysis of various market drivers and regulations governing the Turkish cards and payments industry.

- Detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.

Scope

- To increase competition in the Turkish payment card market, Interbank Card Center (BKM) introduced a domestic payment card scheme, Turkey's Payment Method (Troy), in April 2016. Troy is currently partnered with 26 banks to offer Troy-branded debit and credit cards in the country. Troy's processing fee is lower than its competitors, making it more viable for small retailers to accept cards, boosting overall card acceptance in the process. For international acceptance of Troy payment cards, BKM signed a contract with Discover in June 2017. The agreement enables Troy payment card holders to conduct transactions globally over the Discover Global Network. The agreement also enables acceptance of Discover and Diners Club payment cards in Turkey at all locations where Troy is accepted.

- To curb rising consumer credit card debt, the Turkish government increased the maximum monthly credit card interest rate limit. The monthly maximum contractual interest rate for the Turkish lira was increased from 1.84% in 2017 to 2.02% in 2018, whereas for foreign exchange it was increased from 1.47% in 2017 to 1.62% in 2018. The maximum monthly overdue interest rate was also increased from 2.34% in 2017 to 2.52% in 2018 for Turkish lira, and from 1.97% in 2017 to 2.12% in 2018 for foreign exchange. The changes came into effect from July 1, 2018.

- To help Chinese tourists make electronic payments, UnionPay International signed an agreement with Yapi Kredi in June 2018. As per the agreement, Chinese tourists visiting Turkey can use their UnionPay cards to make payments at 350,000 in-store merchants and 2,000 online Yapi Kredi merchants. They can also withdraw funds at the bank's 4,000 ATMs. In 2018, approximately 400,000 Chinese tourists are expected to visit Turkey. This collaboration will help Yapi Kredi attract more users and thus boost the overall Turkish payment card market.

Reasons to buy

- Make strategic business decisions, using top-level historic and forecast market data, related to the Turkish cards and payments industry and each market within it.

- Understand the key market trends and growth opportunities in the Turkish cards and payments industry.

- Assess the competitive dynamics in the Turkish cards and payments industry.

- Gain insights into marketing strategies used for various card types in Turkey.

- Gain insights into key regulations governing the Turkish cards and payments industry.

Payments Landscape in Turkey: Opportunities and Risks to 2022

Table of Contents
Market Overview
Executive Summary
Card-based Payments
Merchant Acquiring
E-commerce Payments
Mobile Proximity Payments
P2P Payments
Alternative Payments
Payment Innovations
Payments Infrastructure & Regulation
Appendix
  • Global and Chinese Banking Smart Cards Industry, 2018 Market Research Report
    Published: 13-Jan-2019        Price: US 3000 Onwards        Pages: 140
    The 'Global and Chinese Banking Smart Cards Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Banking Smart Cards industry with a focus on the Chinese market. The report provides key statistics on the market status of the Banking Smart Cards manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry includi......
  • Global Cards And Payments Market Size, Status and Forecast 2019-2025
    Published: 10-Jan-2019        Price: US 3900 Onwards        Pages: 97
    The cards and payments market comprise establishments engaged in storing, processing and transmitting payment cards data. This market covers issuing and acquiring banks, card processing and issuing companies, payment processing institutions such as banks, non-banking financial corporations and others. Revenue generated from the cards and payments market include all the processing and services fees levied by the banks and financial institutions for payment processing. This market excludes interes......
  • Payments Landscape in Sweden: Opportunities and Risks to 2022
    Published: 26-Dec-2018        Price: US 2750 Onwards        Pages: 78
    Payments Landscape in Sweden: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Sweden: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Swedish cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, cash, direct debits, cards, and cheques during the review-period (2014-18e). The report also analyz......
  • Payments Landscape in China: Opportunities and Risks to 2022
    Published: 20-Dec-2018        Price: US 2750 Onwards        Pages: 69
    Payments Landscape in China: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in China: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Chinese cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debit, and cheques during the review-period (2014-18e). The report also analyzes ......
  • Payments Landscape in Singapore: Opportunities and Risks to 2022
    Published: 19-Dec-2018        Price: US 2750 Onwards        Pages: 78
    Payments Landscape in Singapore: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Singapore: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Singaporean cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e). The report a......
  • Payments Landscape in Denmark: Opportunities and Risks to 2022
    Published: 19-Dec-2018        Price: US 2750 Onwards        Pages: 70
    Payments Landscape in Denmark: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Denmark: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Danish cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e). The report also analy......
  • Global Financial Smart Cards Market Research Report 2012-2023
    Published: 14-Dec-2018        Price: US 4300 Onwards        Pages: 120
    Summary The global Financial Smart Cards market will reach xxx Million USD in 2017 with CAGR xx% 2018-2023. The objective of report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc. Based on products type, the report describes major products type share of regional market. Products mentioned a......
  • Global and Chinese Payment Smart Card Industry, 2018 Market Research Report
    Published: 10-Dec-2018        Price: US 3000 Onwards        Pages: 146
    The 'Global and Chinese Payment Smart Card Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Payment Smart Card industry with a focus on the Chinese market. The report provides key statistics on the market status of the Payment Smart Card manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including ......
  • Global Banking Smart Cards Market Insights, Forecast to 2025
    Published: 06-Dec-2018        Price: US 4900 Onwards        Pages: 110
    The Banking Smart Cards market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Banking Smart Cards. This report presents the worldwide Banking Smart Cards market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufact......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs