Insights into Turkey's Financial Landscape and Digital Payment Systems
Discover key facts about Turkey's economy, Istanbul, payment systems, BKM Interbank Card Center, and BKM Express digital wallet. Get ready for the upcoming member meeting in Istanbul to share your feedback and ideas for enhancing the BKM Express wallet.
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Presentation Transcript
TURKEY 17 Ranks 17th Largest Economy in the World 75 M Member of OECD & G20 49 Banks >10,000 Branches >US$ 800 Bn Asset Size 9 M+ 2
ISTANBUL 2 nd largest city in the world by population 14 M 1 st Largest city in Turkey 52% internet usage 5 World's 5th most- visited city
Payment Systems in Turkey # of credit cards (in millions) # of debit cards (in millions) 54.3 56,5 91.396,6 51.4 47.0 44.4 81.9 43.4 69.9 37.3 64.7 60.6 55.5 Aug 2007 2008 2009 2010 2011 2012 July 2013 Aug 2007 2008 2009 2010 2011 2012 July 2013 2nd in Europe 3rd in Europe 2,3 million POS 1st in Europe 40 thousand ATM 6th in Europe Ranking as of 2011, among ECB countries 4
BKM - Interbank Card Center A trusted party for Turkish banks Established in 1990 Owned by banks Payment services provider to all Turkish Issuers & Acquirers Serve for banks
BKM Express: National Digital Wallet 12 12banks debit & credit cards are valid on transactions 150 150merchants BKM Express merchants share in e-commerce % %33 33 170.000 170.000members 6
Next Member Meeting We are looking forward to hear about your experience and suggestions for future improvements of BKM express wallet in Istanbul! 7
