Preferred digital payment methods in Turkey 2015

The statistic displays the preferred digital payment methods in Turkey in 2015. According to a study published by Adyen, Visa and MasterCard, credit and debit card providers, were ranked first and second with 45 and 43 percent of online buyers in the country, respectively, reporting using it as their preferred online payment method. In 2015, besides Turkey, Visa was the most preferred digital payment method in Russia.

Preferred digital payment methods in Turkey in 2015

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Source

Release date

July 2015

Region

Turkey

Survey time period

August 2015

Supplementary notes

According to the source, "There are some regulatory requirements within the Turkish market that may present challenges to some merchants. These include:
1. Installments on credit card payments are popular, but can only be offered by connecting to individual banks.
2. Cross-border acquiring can lead to shopper surcharges and installments are only possible if connected to a domestic acquirer. (Note: Adyen is connected to most banks and can therefore offer installments for most Turkish customers.)
3. 3D Secure is mandatory on debit cards and recurring payments are not supported for debit cards."

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