Plastic money transactions rise 17% in August, JCC says

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Plastic money transactions rise 17% in August,...
 © BusinessMail 2017
By Stelios Orphanides

The amount of transactions completed with the use of cards rose in August 17 per cent to €223.2m compared with the respective month of 2016, JCC Payment Systems said.

As a result of the latest increase in the use of plastic money, total payments with cards in the first eight months of 2017 rose an annual 13 per cent to €1.7bn, JCC, a consortium of Cypriot banks, said in an emailed statement on Monday.

The use of Cypriot cards for purchases and withdrawals abroad also grew in August 14 per cent to €143.4m and in January to August 12 per cent to over €1bn...


Plastic money transactions rise 17% in August, JCC says


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