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STUDY: Payment card use soars in Turkish market

The number of payment cards in western Europe has increased by 12.5 percent to 721 million over the last two years. A study conducted by Retail Banking Research found that Turkey shows the greatest growth.

September 19, 2005

The number of payment cards in western Europe has increased by 12.5 percent to 721 million over the last two years, according to a study conducted by Retail Banking Research. There are now almost two payment cards per adult across the region. While the United Kingdom remains the region's largest market, it is Turkey that has shown the most remarkable growth.

Download a copy of "Payment Cards Western Europe 2006," the seventh edition of the card industry's leading research study.