Third Quarter 2023 Online Collection Data

17-11-2023
Third Quarter 2023 Online Collection Data

Data for the third quarter of 2023 from Turkey's leading B2B online collection platform, Netahsilat, serving under the umbrella of Finrota, have been announced. In the Netahsilat ecosystem, approximately 3 million transactions were made during the third quarter of 2023, and 69 billion TL was collected.

Netahsilat, the pioneer of the online collection market, continues to grow in 2023. Through Netahsilat, which makes the lives of business partners in different sectors easier with innovative solutions, the total transaction volume reached 69 billion lira in the third quarter of the year, growing by 80 percent compared to the previous year.

The most preferred sector is automotive

In the third quarter of 2023, the sector from which the highest collections were received through Netahsilat was automotive. The collection volume of the automotive industry increased by 97 percent compared to the same period of the previous year, reaching 14.38 billion lira. The construction sector, which had a transaction volume of 9.87 billion liras with an increase of 93 percent, ranked second, and the forest products sector, which increased by 84 percent to a volume of 6.82 billion liras, ranked third.

The top 10 sectors with the highest collections in the third quarter of 2023 in the Netahsilat ecosystem are listed as follows: automotive 14.38 billion TL, construction 9.87 billion TL, forest products 6.82 billion TL, heating-cooling 5.46 billion TL, food 5.08 billion TL, agriculture 4.31 billion TL, furniture 3.96 billion TL, textiles 3.14 billion TL, hardware 2.23 billion TL, ceramics 1.51 billion TL.

In transactions made via Netahsilat, users can choose to collect in installments or in a single payment. 76.17 percent of the collections made in July, August and September 2023 were made in installments and 23.83 percent were made in a single payment.

Basket average grew by 64 percent

While Netahsilat's transaction volume increased by 80 percent in the third quarter of 2023 to 69 billion TL, the basket average of transactions increased by 64 percent compared to the same period of the previous year and reached 23 thousand 800 TL.

Finrota General Manager İlknur Uzunoğlu said in his evaluation: "Netahsilat closed the third quarter of 2023 with growth. By continuing the growth momentum we have achieved since the beginning of the year, we increased our transaction volume by 80 percent compared to the same period of the previous year. “We continue to work to increase the number of transactions, which was 3 million in the third quarter, and to contribute more to the sector with the innovations we will develop.”

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