Using Credit Cards in Fethiye

Victoria Ice — Sat, 24 Apr 2010 12:17:33 +0000

Over the past decade, the United States has largely become a cashless society. Nowadays, most Americans use credit cards and debit cards to pay for virtually everything. However when traveling abroad, they are often disappointed to find that credit cards aren’t as widely accepted for payment in other countries. Fortunately, they probably won’t have to worry about that when visiting Fethiye.

Turkey is Visa’s Second Largest Market
If you have a Visa card and will be traveling to Fethiye, you’re in luck. “Turkey is Visa Europe’s second-largest credit card market and may become our largest if the current growth rate is maintained”says Peter Ayliffe, CEO of Visa Europe. Dana Pierson, a financial analyst at Credit Card Forum describes Turkey and Visa as “a story of unbelievable business success.” She goes on to say “When you consider that Visa has only been operating in Turkey for 25 years, it’s a very impressive feat to accomplish.”

Using Credit Cards in Fethiye
As you can guess from the previous paragraph, Visa is the most widely accepted credit card in Fethiye. The second most accepted card is MasterCard/EuroCard. American Express comes in third and is accepted at many high-end and upscale places, like fancy hotels. Dana Pierson of Credit Card Forum says “The popular American Express Starwood Preferred Guest credit card is still accepted at Starwood hotels in Turkey. Many other luxury resorts and hotels also accept American Express, but just make sure you have a Visa card handy in case your hotel isn’t one of them. You should have a Visa anyways to pay for normal purchases during your trip to Fethiye.”

Some Important Tips
If you’re paying with a credit card, no establishments require a commission surcharge. If you bargain on a purchase and come to an agreement on price, a seller might try and charge you a credit card commission (komisyon) of between 2% to 4% on top the price you agreed upon. In 2003 this practice was made illegal, so don’t let a seller do that to you. Of course you should also bring along cash because not everyone will accept cards for payment.

Post from: Fethiye Bay - Local English Newspaper

Using Credit Cards in Fethiye

A Bumpy Week for the Turkish Lira

Victoria Ice — Thu, 30 Oct 2008 12:49:37 +0000

Up, down, up, down – that’s the way the value of the Lira against the Pound has been going during this past week. At one point one Pound would have bought 2.75 YTL but now that has dropped to around 2.44 YTL.

Who knows what will happen next…

Post from: Fethiye Bay - Local English Newspaper

A Bumpy Week for the Turkish Lira

fethiyebay.com » Finance

Using Credit Cards in Fethiye

A Bumpy Week for the Turkish Lira