Use of local cards increases significantly in Q2

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The use of local cards in Cyprus and abroad recorded a significant annual increase between April and June 2021, data from the card-processing organisation JCC showed.Th use of local cards, issued by banks registered in Cyprus, in the second quarter of 2021 rose to €1.5 bn, an annual increase of 16%.The use of local cards abroad recorded an even bigger increase of 46% and amounted to €472 mn.The use of foreign cards was up by an impressive 155% in the …

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