The level of change in financial markets, demographic structure and cultural factors create differences in credit card usage in each country. The aim of this study was to conduct a research on the factors effecting credit cart usage in the Turkish Republic of Northern Cyprus (TRNC) that is a politically unrecognized country. Local banks are only agents in the credit card market and therefore they have no profit in this other than customer satisfaction due to the political status of the country, the scale and market structure of the banking sector in TRNC. Moreover, it is also seen that in the TRNC besides the use of VISA and MasterCard services provided by foreign banks, use of shopping cards like Smart/Uni/Optimum that can only be used in the TRNC is increasing. As a result of the research, it can be said that the most important factors effecting credit card usage are high education level, status of government workers, the opportunity of not carrying cash, spending money when in need of cash, the banks those people frequently work with and the installments opportunities the credit cards provide.
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