Insider Economy Credit card use in Cyprus up 16% in July

Credit card use in Cyprus up 16% in July

Local credit and debit card use in Cyprus (sales) in July totalled €415m up an annual 16%, while yearly sales are up  20% so far to €2.2b, according to the latest figures released by JCC on Monday.

Meanwhile, local cards used abroad in sales and cash withdrawals rose 10% to €172.5 m, while so far this year they are up 7% to just over €1b.

Foreign cards used in Cyprus in April (sales) jumped 22% to € 155.3m, while so far this year they are up 18% to €695m.

As far as the use of local cards in the occupied areas is concerned, the total for July was €1.9m and for the year to date €11.7m. Use of local cards in Turkey was €637,301 in July and €3.1m so far this year.

Turkish cards were used for €1.5m worth of transactions in the government controlled areas in July and for €9.6m so far this year.

JCC said use of cards rose for transactions with the government, to pay for utilities and at restaurants and bars and fell for payments at Do-It-Yourself & Household stores.

Top Stories

Stench in Kokkinotrimithia and Mammari due to farms and burned garbage

Citizens of Kokkinotrimithia and Mammari contacted philenews and complained that at the Kafkalla location some people threw a huge quantity of garbage and set...

Police chasing suspects in Paphos

Members of the Anti-Narcotics Unit who were watching some suspects for drug trafficking, according to first information, chased a suspicious vehicle which tried to...

71-year-old dead in accident

During an accident that took place this morning in the district of Nicosia, 71-year-old Andreas Alexandrou from Kato Moni of Nicosia District lost his...

Rain and hail in Lympia and Xylotympou (PHOTOS)

Rain and hail were seen in various areas of Cyprus. Social media users published photos from Lympia and Xylotympou. (philenews)

Afternoon lessons in Limassol postponed

The Limassol Municipality announced that the scheduled for 19 October beginning of the Limassol Municipality Open School lessons will be postponed until further notice....


Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...


No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...