Debit card
Credit card payments increase 78 percent in November
Credit card payments rose by 78 annually in November, topping 1.3 trillion Turkish Liras ($37.2 billion), according to the Interbank Card Center (BKM).
There were 128.9 million credit cards in use in the country as of last month, marking an 11 percent rise from a year ago, while the number of transactions with credit cards grew 15 percent year-on-year to 895.2 million.
Card transactions increasing due to ease of use: Central Bank
The proliferation of digital channels and the increased cost of carrying cash due to high inflation have boosted the use of debit and personal credit cards (PCCs), the Central Bank of Türkiye has said.
Consumer morale improves for second consecutive month
The consumer confidence index increased by 2.4 percent month-on-month in September, after inching up 0.6 percent in August.
The index climbed from 76.4 last month to 78.2 this month, data from the Turkish Statistical Institute (TÜİK) showed on Sept. 20.
Any figure above the 100 mark indicates optimism among consumers.
Online Casino Payment Methods: Pros and Cons
A lot has changed in the past few decades, since online casinos were first created. For one, we are able to play a lot more games now than ever. Not just well-known casino games, but some underrated gambling games, and even unique, online casino exclusives.
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Credit card spending surged 94 percent in July: Data
Credit card spending increased by 94 percent in July compared with the same month last year to hit 1.2 trillion Turkish Liras ($35.5 billion), according to data from the Interbank Card Center (BKM).
The annual increase in card spending slowed from 105 percent in June and 111 percent in May.
Hint of future debts can spur tax officials to action
Debtors to the state should have a reason to worry. Tax authorities are not only ready to pounce regarding existing debt, by freezing bank accounts and garnishing wages, but will also move against people with the potential not to pay their direct or indirect taxes.
Banks move to monthly use fees
Banks are considering replacing fees for each transaction with monthly fees that will vary according to the package the customers use.
More expensive packages will come with more benefits, but, in any case, are planned to cost no more than 10 euros per month.
Bill payments and money transfers account for the vast majority of electronic transactions currently subject to a fee.
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Tax returns: After the extension, attention to payment deadlines
The Ministry of National Economy and Finance has announced a one-day extension to the deadline for filing tax returns.
Specifically, millions of individuals have until August 2 to correct any errors or omissions on income tax returns they have already filed, if they submit amended returns by that date.
Contactless payment limit to double as of July
The Turkish banking regulator has decreed that the threshold for contactless payments will be raised by 100 percent to 1,500 Turkish Liras as of July 1.
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When it’s time to pay the bill
Most Greeks who reach the checkout and find themselves a couple of euros short of paying the bill will most likely mutter something about forgetting their debit card at home, right? They'll probably be embarrassed at the idea of the cashier knowing that they're struggling and even more so at having the scene witnessed by other customers.
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