Cypriots increasingly use credit cards amid coronavirus outbreak


Cypriot consumers are increasingly turning to credit cards as opposed to traditional cash payments for their daily needs amidst the coronavirus pandemic, data by JCC payments systems show.

According to data given to CNA by JCC, use of credit or debit cards usage in supermarkets rose by 31% from March 17 to April 26 compared with the respective period of last year, limiting the reduction in overall credit card usage for the period to 10% amid containment measures to limit the spread of the disease.

Furthermore, the usage of credit cards in kiosks, where Cypriots traditionally used cash, spiked by 93% compared with the respective period of last year.