Insider Business JCC: Local credit card use up 12% since start of 2019

JCC: Local credit card use up 12% since start of 2019

Credit card use locally by Cyprus credit card holders slipped an annual 2% in November to total €284,194,352 , according to figures issued by JCC.  It was up 12% in the first 11 months of the year to €3,469,310,474.

But excluding the government sector, local use rose by 4% in November and was up 6% for the first 11 months of the year. The total monthly increase without the Government sector is 7% (YTD is 8%, JCC clarified.

Local Cards used Abroad (Sales and Cash withdrawals) rose 11% to € 168,741,052 in November and were up 9% for the first 11 months to total €1,752,412,816.

As regards foreign Cards  (sales) used in Cyprus these climbed 17% in November to €86,045,144  and 16% in the 11 months to €1,193,831,564. When including cash withdrawals, the figures were €111,103,404  for November recording a 16% increase and €1,460,377,501 so far this year, which is a 14% increase.

Other figures given by JCC:

Local cards in occupied areas and Turkey and Turkish cards in Cyprus

  • Turkish cards in Cyprus
    • Monthly: €1,960,894
    • YTD:  € 16,517,596
  • Local Cards in occupied areas
    • Monthly: €1,650,103
    • YTD:  € 19,034,135
  • Local cards in Turkey
    • Monthly: €379,350
    • YTD:  € 5,378,987


The sectors affected this month for the Cards used in Cyprus are:


  • Professional Services
  • Utilities
  • Restaurants, Bars and Catering
  • Electronics, Computers, Peripherals
  • Other food and drink shops and bakeries


  • Do-It-Yourself & Household stores
  • Travel Agents



Top Stories

Adamos Adamou elected 12th President of the House of Representatives

Left-wing MP Adamos Adamou was elected unrivaled 12th President of the House of Representatives on Friday, with the votes of the majority of MPs,...

American Medical Center denies announced confirmed COVID case

The American Medical Center strongly denied a Health Ministry announcement alleging a confirmed case had been recorded there. The American Center pointed out that...

Health Ministry’s decision on three nurses

At the orders of Health Minister Konstantinos Ioannou, the procedures for the continuation of the employment of the three nurses at the Famagusta General...

The certificate for workers’ movement returns in Limassol and Paphos

The certificate for workers’ movement in Limassol and Paphos returns and those needing to move around in these two towns after 23:00 and until...

Only old cases to appear before courts.

Courts in Cyprus decided to change their methods in order to deal with old cases pending for more than four years. However, fears are...


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...