RuPay

Credit card spending increased by 138 percent on an annual basis in March to hit 992 billion Turkish Liras ($30.4 billion), according to data from the Interbank Card Center (BKM).

The number of credit cards in use in Türkiye rose by 17 percent compared to March of last year to a total of 121.4 million.

Payments made with credit cards, debit cards and prepaid cards stood at 836 billion Turkish Liras ($28.9 billion) in October, rising 122 percent from a year ago, according to the data from the Interbank Card Center (BKM).

Payments made with credit cards, debit cards and prepaid cards hit 639 billion Turkish Liras ($23.7 billion) in June, rising 109 percent from a year ago, according to the data from the Interbank Card Center (BKM).

Total card payments grew 2 percent from May.

Ljubljana – Mastercard has launched an initiative with which it aims to encourage as many small businesses in Slovenia as possible to make a transition to digital payment methods. A total of one million euro will be available to selected participants in the next three years.

Card transactions have soared 30% this year, largely thanks to the growth in online commerce as a result of the pandemic, according to figures compiled by Mastercard.

Evangelos Papaevangelou went on the offensive on Friday, claiming that his company's activities in China are legal. To date the firm has sold over 150 Greek properties to Chinese investors.