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Turkey

Turkish Lira (TRY)

Turkey's digital payment landscape has rapidly evolved due to increased digitalization and emerging technologies. The surge in eCommerce has fueled diverse digital payment solutions, propelling Turkey toward a cashless society. In 2022, digital payment transactions in the country totaled nearly 63.5 billion USD, with projections estimating a growth to almost 137 billion USD by 2027, indicating a clear path to a cashless future.

turkey map
Turkey flag

Population

85,341,241

Banked Population:

73.37%

Group 427321246

Main industries

Agriculture, Tourism, and Manufacturing

Group 427321247

Main imports

Refined Petroleum, Scrap Iron, Cars, Petroleum Gas, and Motor Vehicles (parts & accessories)

Group 427321248

Main exports

Cars, Jewellery, Refined Petroleum, Motor Vehicles (parts & accessories), and Delivery Trucks

GDP stats

$10,616.1

per capita (USD)

5.6%

Growth Annually

19

World ranking

Internet usage

83%

Smartphone usage

75%

Credit / Debit card usage

32.6%

Group 427321245 1

Total volume of digital payments projected to reach

$76.18B (USD)

P2P

Papara

eWallet

Parolapara

eWallet

Parazula

eWallet

PayBol

eWallet

Papel

eWallet

Pep

eWallet

Payfix

eWallet

Popypara

eWallet

Hayhay

eWallet

Mefete

eWallet

Paycell

eWallet

Yapi Kredi Bank

Payout

Ziraat Katilim

Payout

Ziraat Bank

Payout

TEB Bank

Payout

Turkiye Finans

Payout

Vakif Katilim

Payout

Vakif Bank

Payout

Payfix

Payout

Popypara

Payout

Papara

Payout

Parolapara

Payout

Parazula

Payout

PayBol

Payout

QNB Finansbank

Payout

Seker Bank

Payout

Pep

Payout

IS Bank

Payout

KuveytTurk

Payout

Mefete

Payout

Odea Bank

Payout

Paycell

Payout

Papel

Payout

Halk Bank

Payout

Hayhay

Payout

HSBC Bank Turkey

Payout

ING Bank

Payout

Deniz Bank

Payout

Enpara

Payout

Fiba Bank

Payout

Garanti Bank

Payout

Alternatif Bank

Payout

Burgan Bank

Payout

AK Bank

Payout

Albaraka Bank

Payout

Payment Methods in Turkey

All
  • All Methods
  • Payout
  • P2P
  • eWallet

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