Implementation of credit card in Turkey and analyzing credit card usage

ABSTRACTKARABULUT, Nida. Implementation of Credit Cards in Turkey and Analyzing Credit Card Usage, Thesis of Masters, Ankara, 2007.In our country the growing Credit Card System by the day examined in this study, it is touched upon general information related with credit cards and the operation of the system in the first section. In the second section of the study, it is touched upon operation of the system in detail and Implementation of Credit Cards in Turkey. Again in this section qualification of the credit cards as a matter of Turkish Law is taken place. The last section of the study comprises positive and negative sides of Card Payment System for behalves and its effects as a matter of economy. In the third section that infers the main objective of the study, amplitudes of the card payment system in Turkey take place. In the five year period from 2002 to 2007 the usage in the system is evaluated with the data getting from Interbank Card Center, Central Bank of the Republic of Turkey, Banks Association of Turkey and Banking Regulation and Supervision Agency.Too many advantages formed as a matter of persons, business places, banks and authority of public as a result of becoming widespread of card usage in the community. In consideration of this, because the system has no definite rules yet, problems exist.While the card usage raises the bank deposit volume, on the other hand it raises the credit volumes. The basis of banking to place collective funds that will generate income and to keep widespread this placement risk. It is possible to spread widely placement risk with credit cards.In recent years the card payment system in Turkey denotes a big development comparatively according to Europe. In European Union adaptation process although Turkish banking sector get behind in many subject, our country is shown as a reference because of performance in payment systemBanking sector should give more importance to basic facilities, determine target mass by making more effective analyses and use effective marketing strategies for competition in payment system. Banking sector should try to provide the persons who use credit cards or have usage potential of credit cards prefer card payment system more instead of using cash. In this way, decrease of cost of cash in our country will be provided by making the transactions safer, discouraging the informal economy and using cash fewer.Key Words1.Credit Card2.Card Payment System3.Point of Sales Terminal4.Automatic Teller Machine5.Banking