Use of cards soars in the first 8 months, records significant increase in August

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The use of cards soared between January and August, figures released by JCC on Wednesday showed, while a significant increase was recorded in the eighth month of the year.During the first eight months of 2019, transactions with local cards in Cyprus recorded an annual increase of 17% rising to €2.62 bn, whereas a smaller increase of 8% was recorded in the use of local cards abroad, which stood at €1.24 bn.Transactions with foreign cards in Cyprus also recorded a large …

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