T8: Volume of transactions processed by selected payment systems
(millions, unless otherwise stated; total for the year)
Year
«  2015  »
2011 2012 2013 2014 2015
Large-value payment systems
EFT large
Total gross volumenap182333
Breakdown of 'total gross volume' by instrument type
Credit transfersnap182333
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Partial breakdown of 'total gross volume'
Of which: volume of settlement in the PS in question for other PSsnapnavnavnavnav
Breakdown of 'volume of settlement in the PS in question for other PSs'
 by PS whose transactions are settled
Concentration ratio in terms of volume (%) 1nap55.5366.2661.6360.74
Retail and fast payment systems
Fast System
Total gross volumenapnapnapnapnap
Breakdown of 'total gross volume' by instrument type
Credit transfers 2napnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnapnapnapnap
Retail payment systems
EFT retail
Total gross volume 3nap15230267315
Breakdown of 'total gross volume' by instrument type
Credit transfersnap15230267315
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cycles 4napnapnapnapnap
Garanti Payment Systems
Total gross volumenap57708497
Breakdown of 'total gross volume' by instrument type
Credit transfersnap0000
Direct debitsnap0000
Chequesnap0000
Card and e-money paymentsnap57708497
Other payment instrumentsnap0000
Number of netting cyclesnap1111
Interbank Card Center
Total gross volumenap1,4591,6541,8392,054
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnap1,4591,6541,8392,054
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnap1111
Paycore Clearing System
Total gross volume 5napnavnav1023
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnavnav00
Direct debitsnapnavnav00
Chequesnapnavnav00
Card and e-money payments 6napnavnav1023
Other payment instrumentsnapnavnav00
Number of netting cyclesnapnavnav11
Takasbank Cheque Clearing System
Total gross volume 7nap18171717
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnap18171717
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnap1111
 1  2020: o Since the top 5 bank for the volume/value ranking has changed last year, the characteristics of the trend and concentration ratio has also changed. 2  2021: included fast payments based on the definition of fast payments in the methodology. 3  2021: Some customer payments within the limits of fast payment system in retail payment system are transferred to fast payment system in 2021 4 EFT retail is a RTGS system and since the transactions are settled on a gross basis, number of netting cycle is nap 5  2019: Decline compared to the previous year stems from two participations' leaving the system. 6  2019: Decline compared to the previous year stems from two participations' leaving the system. 2020: Decline compared to the previous year stems from one participation' leaving the system and decrease in another participant's transaction volumes as 50%. 7 The operator of the cheque clearing system ICH was closed and a new system operator Takasbank Cheque Clearing System was established to operate the system since July 2018.