Which Sectors Prefer Promissory Note Payments the Most?
Promissory notes are one of the most widely used payment tools in Turkey, particularly favored by medium-sized companies. When examined sectorally, the furniture industry ranks first among companies that accept payments via promissory notes. This is especially common during periods of high-volume purchases, such as during dowry shopping, where promissory notes offer an alternative for paying large amounts in installments. Following the furniture industry, the white goods and automotive sectors also frequently use promissory note payments. Promissory notes are widely used in white goods, a sector closely related to furniture, and are also popular in the sale of second-hand cars.
Many other sectors, from home textiles to construction, also offer promissory notes as an alternative payment method. With Semosis, you can digitize your promissory note payments. The processes of creating, managing, transferring, and collecting promissory notes are now digitalized with Semosis. You can make promissory note payments anytime using your credit card, debit card, or prepaid card without the need to carry cash or visit a bank branch. You can also create digital promissory notes and easily track the notes you are waiting to collect by adding them to the system.