Plastic money use up 10% in September, JCC says

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Plastic money use up 10% in September, JCC says
 © BusinessMail 2017
By Stelios Orphanides

The value of transactions with the use of cards rose in September an annual 10 per cent to €217.2m, JCC Payment Systems Ltd, a joint venture of Cypriot lenders said.

In the first nine months of the year, the value of transactions with the use of plastic money rose an annual 13 per cent to well below €2bn, JCC said in an emailed statement.

Holders of local cards used them for purchases and cash withdrawals abroad worth €137.7m in September, which is 12 per cent more compared to the respective month of 2016, the company said. In January to September, the...


Plastic money use up 10% in September, JCC says


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