The number of card payments in Turkey has demonstrated consistent growth from 3.17 billion units in 2013 to an estimated 5.25 billion units in 2023. This growth pattern shows a gradual slowing down in year-on-year variation, from a high of 11.11% in 2015 to 3.13% in 2023, reflecting market maturity. The compounded annual growth rate (CAGR) over the 2019-2023 period stands at 3.5%. Forecasts predict continued growth reaching 6.0 billion units by 2028, with a projected 5-year CAGR of 2.11%.

Future trends to watch for include:

Increased adoption of digital wallets and contactless payments which may influence the rate of card payment transactions.
Potential impact of regulatory changes on the financial landscape.
Technological advancements enhancing transaction security and customer convenience.
Economic factors influencing consumer spending and payment behaviors.