Plastic money transactions surge 15% in March

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Plastic money transactions surge 15% in March
 © BusinessMail 2017
By Stelios Orphanides

The value of transactions Cypriots carried out in Cyprus in March with the use of plastic money rose 15 per cent to €225.8m compared to the respective month of 2016, company JCC Payments Systems Ltd said.

As a result, the value of transactions with the use of bank cards in the first quarter of the year rose an annual 10 per cent to €633.2m, the payment processing company said in an emailed statement.

The value of transactions by holders of Cypriot cards abroad rose last month 15 per cent to €113.4m and in January to March 13 per cent to €368.2m compared to...


Plastic money transactions surge 15% in March


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