Digital payments in Turkey - statistics & facts
Driven by rapid digitalization and new technologies, the payment methods market has undergone a significant phase of change in Turkey over the past years. Recent e-commerce trends created more opportunities for new and various digital solutions. The accelerated growth of the e-commerce market in Turkey particularly contributed to the emergence of a cashless society. In 2022, the total value of digital payment transactions made in the country reached over 77 billion U.S. dollars and is expected to rise to almost 133 billion U.S. dollars by 2028. Considering the progress in the market, the path to a cashless Turkish society will be evident in the near future.
