New Market Report: ATM Cards in Turkey
In 2013, the number of cards increased by 4% in 2013, whereas the number of transaction only grew by 2%. Transactions per card decreased as transaction volumes registered slower growth than the number of ATM cards. This decline was due to the increase in ATM cards as a result of heavy marketing by banks. Many consumers possess cards with ATM functions they hardly ever use. On the other hand, the value of transactions registered 7% growth in current terms, showing...
View full press release