Cyprus Mail

Cypriots spend less with plastic money in January

By Stelios Orphanides

The value of transactions with the use of plastic money by holders of Cypriot cards in Cyprus dropped 4 per cent year-on-year in January to €198.5m, JCC Payment Systems said.

The amount spent in the first month of the year by holders of Cypriot cards abroad rose 13 per cent to €109.2m, JCC, the payment processing joint venture of Cypriot banks said in an emailed statement. Visitors spent a total of €32.1m in January, a 4 per cent rise compared with the previous year.

Holders of Turkish cards spent €1.7m in January in the government controlled areas, JCC said. Transactions worth €566,585 and €270,146 were carried out in the occupied north and Turkey respectively.

Related posts

EU executive urges VW to compensate all EU consumers over Dieselgate

Reuters News Service

Turkish cenbank head sees pricing behaviour returning to normal

Reuters News Service

UK office landlords may not see immediate threat from hybrid work

Reuters News Service

End of furlough brings uncertainty for UK jobs and economy

Reuters News Service

Hellenic Bank: volunteer actions focused on people and the environment

CM Guest Columnist

Facebook puts Instagram Kids on hold amid criticism of planned app

Reuters News Service