As a result of increases in e-commerce shopping and digitization, the amount that consumers spent through telephone orders and online shopping via credit cards increased by 23 percent in the first nine months of this year, compared to the same period of 2015 and reached TL 83 billion ($28 billion).
With increased digitization and the integration of technology into every aspect of life, consumers can conveniently purchase items ranging from clothing to concert tickets by either phone or online without leaving the comforts of home causing a daily rise in the websites and companies offering payment by cards.
According the data collected from Interbank Card Center (BKM) by Anadolu Agency, the amount of payment by means of telephone orders and online shopping via credit cards reached TL 82.9 billion in the January-September period, increasing by 23 percent compared to the same period of the previous year, while the number of telephone orders and online transactions made by credit cards stood at 271.6 million, increasing by 14 percent in comparison to the same period of 2015. In contrast, the amount of telephone orders and payments, along with online shopping via credit cards, totaled $92 billion in 2015, with a total number of transactions of 324.3 million.
In the first nine months of this year, the amount of payments made from the internet via domestic and foreign cards within the country increased by 22 percent compared to the same period in 2015, rising to TL 50.3 billion, compared to TL 55.4 billion for 2015.
In the January-September period, the amounts of payment made via domestic and foreign cards from the internet reached TL 46.4 and TL 3.9 billion respectively, while the same amounts stood at TL 37.6 and TL 3.7 billion respectively during the same period of the previous year.
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