T8: Volume of transactions processed by selected payment systems
(millions, unless otherwise stated; total for the year)
«Türkiye»
 Year
« ‹ 2020 › »
 2016 2017 2018 2019 2020
Large-value payment systems
EFT large
Total gross volume33333
Breakdown of 'total gross volume' by instrument type
Credit transfers33333
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 PSsnavnavnavnavnav
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 (%) 157.4754.6154.2955.8549.67
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 33754705857091,006
Breakdown of 'total gross volume' by instrument type
Credit transfers3754705857091,006
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cycles 4napnapnapnapnap
Garanti Payment Systems
Total gross volume105116148161174
Breakdown of 'total gross volume' by instrument type
Credit transfers00000
Direct debits00000
Cheques00000
Card and e-money payments105116148161174
Other payment instruments00000
Number of netting cycles11111
Interbank Card Center
Total gross volume2,2742,6173,0883,6623,734
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money payments2,2742,6173,0883,6623,734
Other payment instrumentsnapnapnapnapnap
Number of netting cycles11111
Paycore Clearing System
Total gross volume 531351983
Breakdown of 'total gross volume' by instrument type
Credit transfers00000
Direct debits00000
Cheques00000
Card and e-money payments 631351983
Other payment instruments00000
Number of netting cycles11111
Takasbank Cheque Clearing System
Total gross volume 71514151210
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Cheques1514151210
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cycles11111
 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.