Determinants of Credit Card Use: Evidence from Cross-Sectional Data in Turkey
INTERNATIONAL JOURNAL OF CONTEMPORARY ECONOMICS AND ADMINISTRATIVE SCIENCES, cilt.12, sa.1, ss.191-204, 2022 (ESCI)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 12 Sayı: 1
- Basım Tarihi: 2022
- Doi Numarası: 10.5281/zenodo.6850755
- Dergi Adı: INTERNATIONAL JOURNAL OF CONTEMPORARY ECONOMICS AND ADMINISTRATIVE SCIENCES
- Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI)
- Sayfa Sayıları: ss.191-204
- Anahtar Kelimeler: Credit Card Use, Consumer Behavior, Survey Data, Binary Logistic Regression, Turkey, USAGE
- Atatürk Üniversitesi Adresli: Evet
Özet
It is important to make payments contactless in order to comply with hygiene rules, especially when shopping under the new normal principles. It is expected that this will increase credit card use. Based on this, the aim of the study is to determine the demographic, economic and environmental factors affecting the use of credit cards. In this study, the data obtained from the Turkish Statistical Institute were used. Binary logistic regression and binary probit regression analyzes were used under discrete choice analysis to identify the factors affecting the household credit card use status. The analysis results showed that the factors such status, income, expenditure, financial assets, saving, online shopping, and questionnaire year were effective on the credit card use attitudes of households. Determining the effects and effect sizes of these has contributed to explain the attitude of credit card use and has guided decision-makers and policymakers to transform the use of credit cards for contributing to the economy.