Cash is still king for Turks
Published 29 Jul,2021 via Hürriyet Daily News - Most Turks still prefer making payments in cash over other means of transactions, a recent study by the Central Bank has found.
In terms of payment methods, nearly 62 percent of participants of the bank survey identified themselves as “cash users” and 9 percent as “card users.” Some 30 percent said they go in between.
People carry in their wallets on average 235 Turkish Liras, but the amount is higher among individuals aged between 40 and 50, self-employed, people with higher education and higher income groups.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Hurriyet Daily News