PayTR grew 560 percent in the first quarter of 2021

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28.04.2021 - 2 dk Okuma Süresi

PayTR, the payment institution that offers innovative products and solutions developed by Turkish engineers, grew 560 percent in the number of transactions and 153 percent in the transaction amount in the first quarter of 2021 compared to the first quarter of last year.

PayTR, the payment company that makes the lives of its customers and consumers easier with the products and technologies it has developed, realized a growth of 560 percent in the number of transactions and 153 percent in the transaction amount in the first quarter of 2021 compared to the first quarter of 2020, when the pandemic had not yet started.

Comparing the first quarters of 2020 and 2021, the categories with the highest sales increase were women’s ready-to-wear with 261 percent, accessories and apparel with 148 percent, pet stores with 107 percent, miscellaneous household goods with 93 percent, computer products and services with 87 percent, cosmetics with 83 percent and bookstores with 23 percent.

Food Stores Go Digital

When the categories of workplaces that became PayTR members in the first three months of 2020, when there was no pandemic, and in the first three months of 2021, when the trend towards digitalization increased, it is seen that the highest increase was in various food stores with 197 percent. It is followed by automotive parts and accessories stores with 176 percent, women’s ready-to-wear stores with 163 percent, schools and educational services with 129 percent, computer products and services with 113 percent, shoe stores with 102 percent, accessories and apparel stores with 97 percent, souvenir stores with 71 percent and cosmetics stores with 68 percent.

“Our Target is to Reach a Volume of 6 Billion”

Stating that digitalization has come to the forefront in the whole sector with the pandemic PayTR General Manager Tarık Tombul; “When we look at the first quarter data of 2020 and the first quarter data of 2021, we see that digitalization has come to the forefront in many sectors and the volume of online retail in total retail has increased significantly. The impact of the pandemic was reflected in both online shopping and preferred categories. 2021 will be a year when digital transformation will continue at the same pace. In 2021, our goal is to reach a volume of 6 billion.”

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