The big lenders have done it already.

Now Turkey’s seventh biggest bank,
Dexia-subsidiary DenizBank is getting ready to announce the launch
of its contactless and NFC mobile payments service in cooperation
with Turkcell in the next few days.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Enis Tuna, executive vice president, card
payment systems marketing at DenizBank, told RBI that the bank will
issue both a credit card and a prepaid card with contactless
functions – and the card number can then be ‘added on’ to a SIM
card.

Subscribers can then pay for purchases by
tapping their phone to contactless readers across Turkish
stores.

As usual, the transaction will run smoothly
(offline) for payments under TRY35 ($22). For anything above
TRY35, consumers will have to enter their PIN.

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.