Plastic money use up 12% in April, JCC says

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Plastic money use up 12% in April, JCC says
 © BusinessMail 2018
By Stelios Orphanides

The use of plastic money in Cyprus rose in April 12 per cent to €225m compared to the respective month of 2017, JCC Payment Systems, a joint-venture of Cypriot banks said.

In January to April, domestic purchases of holders of Cypriot cards rose an annual 14 per cent to €934.4m, JCC said in an emailed statement on Friday.

The use of Cypriot cards for purchases and cash withdrawals abroad rose in both April and the first four months of the year an annual 12 per cent to €134.2m and €547.6m respectively, JCC said. The use of foreign cards for...


This article was automatically added to our system 11-5-2018

Plastic money use up 12% in April, JCC says


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