T9: Value of transactions processed by selected payment systems
(TRY billions; total for the year)
«Türkiye»
 Year
« ‹ 2018 › »
 2014 2015 2016 2017 2018
Large-value payment systems
EFT large
Total gross value 140,07342,73045,05862,95770,960
Breakdown of 'total gross value' by instrument type
Credit transfers40,07342,73045,05862,95770,960
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Partial breakdown of 'total gross value'
Of which: value of settlement in the PS in question for other PSs 1navnavnavnavnav
Breakdown of 'value of settlement in the PS in question for other PSs'
 by PS whose transactions are settled
Concentration ratio in terms of value (%) 244.7444.5442.1060.7357.43
Retail and fast payment systems
Fast System
Total gross valuenapnapnapnapnap
Breakdown of 'total gross value' by instrument type
Credit transfers 3napnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnapnapnapnap
Retail payment systems
EFT retail
Total gross value 46,6307,60311,29713,71317,026
Breakdown of 'total gross value' by instrument type
Credit transfers6,6307,60311,29713,71317,026
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instruments 5napnapnapnapnap
Number of netting cyclesnapnapnapnapnap
Garanti Payment Systems
Total gross value1721242731
Breakdown of 'total gross value' by instrument type
Credit transfers00000
Direct debits00000
Cheques00000
Card and e-money payments1721242731
Other payment instruments00000
Number of netting cyclesnapnapnapnapnap
Interbank Card Center
Total gross value219242264303372
Breakdown of 'total gross value' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money payments219242264303372
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnapnapnapnap
Paycore Clearing System
Total gross value 611222
Breakdown of 'total gross value' by instrument type
Credit transfers00000
Direct debits00000
Cheques00000
Card and e-money payments 711222
Other payment instruments 600000
Number of netting cyclesnapnapnapnapnap
Takasbank Cheque Clearing System
Total gross value 8404443454498588
Breakdown of 'total gross value' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Cheques404443454498588
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnapnapnapnap
 1  2012: EFT (Electronic Funds Transfer) system is the RTGS system operated by the CBRT. It encompasses both a customer payment system and a banking payment system. These two systems were separated in December 2012. 2  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. 3  2021: included fast payments based on the definition of fast payments in the methodology. 4  2012: EFT (Electronic Funds Transfer) system is the RTGS system operated by the CBRT. It encompasses both a customer payment system and a banking payment system. These two systems were separated in December 2012. 2.Retail payments data were partly available in 2012, since consumer payments and banking payments were performed by a single Electronic Fund Transfer System (EFT) in Turkey until December 2012. As of this date EFT has been separated into a retail payment system for consumer payments and a large value payment system for banking payments.In this context, retail payments data include yearly retail payments data in EFT system since 2013, while retail payments data of 2012 include only retail payments in EFT system within December 2012. 2021: the increase may be because of the inflation 5  2012: EFT (Electronic Funds Transfer) system is the RTGS system operated by the CBRT. It encompasses both a customer payment system and a banking payment system. These two systems were separated in December 2012. 2.Retail payments data were partly available in 2012, since consumer payments and banking payments were performed by a single Electronic Fund Transfer System (EFT) in Turkey until December 2012. As of this date EFT has been separated into a retail payment system for consumer payments and a large value payment system for banking payments.In this context, retail payments data include yearly retail payments data in EFT system since 2013, while retail payments data of 2012 include only retail payments in EFT system within December 2012. 6  2014: First 4 months of the year are not included. 7  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%. 8 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.