COVID-19 leaves its mark on credit card trends

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COVID-19 leaves its mark on credit card trends
 © FinancialMirror 2020

Cyprus credit card transactions in the first quarter of 2020 increased by 13%, as the coronavirus outbreak left its marks on the use of plastic money.

According to the latest JCC data, the value of Cyprus credit card spending in the domestic market increased by 13% in the first three months to € 1.185 bln compared to the same period last year.

The sectors that had traditionally witnessed the largest volumes such as restaurants, bars, hotels and entertainment took a blow, while plastic money spent...


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This article was automatically added to our system 8-4-2020

COVID-19 leaves its mark on credit card trends


The contents of this article including any associated images are © FinancialMirror 2020
Views & opinions expressed in this article are those of the author and/or FinancialMirror .

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