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Turkey is second in Europe for having most credit cards

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Mar 15, 2013 - 12:00 am GMT+3
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by Mar 15, 2013 12:00 am

Visa Europe Regional General Manager Berna Ülman stated that Turkey credit card use has increased exponentially in 2012, which has allowed them to end the year as market leaders.

"In 2012, Visa brand cards accounted for 18 percent of all consumption expenditures in Turkey including cash transactions," stated Ülman.

Emphasizing the important role Visa Turkey plays within Visa Europe, Ülman stated, "In terms of numbers of cards issued, Turkey is second in Europe and in terms of total card transaction volume Turkey comes in third."

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