Card payments rise in Cyprus
Cypriots are using their cards more than ever, new data from the European central bank reveals. In the first half of 2024, card payments made up 73 per cent of all cashless ...
House passes law limiting cash transactions over €10,000
By Jean Christou
The House on Monday voted by majority to limit cash transactions over €10,000 after the previous internation had been referred back to parliament by the president.
The amended ...
Cash is dying, time to get ready for the digital euro
General ignorance over what a digital euro is means that Cypriots have no idea how its imminent introduction will impact every aspect of their lives
With the expected rollout of ...
Number of POS terminals up 15 per cent as cashless transactions rise
Point of sales (POS) terminals have seen a 15 per cent rise in Cyprus between 2018 and 2020, according to a survey of 14 countries in central and eastern Europe conducted by technology company ...