The number of contactless payments approached 1 million
The Interbank Card Center (BKM) made a written statement about the February card payment data.
According to this, the contactless technology enables easy, fast and secure payment.
According to February data, 48% of credit cards, 18% of bank cards and 55% of terminals are compatible with contactless technology. The contactless prevalence of both card side and card acceptance continues to increase rapidly.
The contactless credit card reached 32 million by the end of February, the contactless debit card reached 27.8 million and the number of our contact terminals reached 1.3 million.
Last year, contactless usage increased 1.5 times in 2017. In 2019, it is observed that contactless use continues to increase at the same rate. Approximately 1 million contactless transactions per day took place in February. In February 2018, 3.1 percent of the total Internet external physical payments were non-contact, and this rate was 6 percent this year. Contactless transaction average 33 TL is reached to the information is reached.
Contactless payment is mostly used in grocery and food industry
With the increase of the unencrypted transaction limit from 50 TL to 90 TL in March 2018, the contactless payment feature used in small-scale expenditures is now becoming easier and more widespread in retail, fuel and transportation sectors.
It is observed that users prefer the contactless payment in the market and food sectors, while various food, transportation-transportation and fuel sectors are the other sectors where contactless payments are most preferred.
