• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications Articles

Government dominates plastic card use in January

February 9, 2009
in Articles
Reading Time: 1 min read

Data from the JCC Payment Systems joint venture run by local commercial banks show that the government dominated plastic card use by Cypriots in January.

According to figures by merchant group and by volume, the government had the highest proportion of sales in January at 24.74% of the total, followed by supermarkets with 17.64% and clothing retailers with 14.43%.

The remainder amounted to 43.2%.

Perhaps the reason for the high volume of transactions with the government was the renewal of road tax permits due at the end of January.

Other data from JCC show that local plastic card use by Cyprus residents rose by 21% in January 2009 when compared with the same period of 2008.

According to JCC, total purchases using Cyprus-issued cards reached EUR 184 mln in January.

Expenditure by Cyprus residents abroad rose in the same period by 12% to EUR 82 mln. Meanwhile, expenditure by foreigners in Cyprus tumbled by 19%, reaching EUR 18 mln.

Meanwhile, Turkish Cypriot spending in the south amounted to EUR 1.3 mln in January. The biggest item was supermarkets, at EUR 316,258, followed by clothing at EUR 271,854.

Spending by Greek Cypriots in the north and Turkey amounted to EUR 690,973, the largest expenditure being on entertainment at EUR 459,254.


Fiona Mullen, www.sapientaeconomics.com
February 09, 2009 – www.financialmirror.com

ShareTweetShare
Previous Post

Panasonic set to cut 15000 jobs

Next Post

Cyprus trade deficit reaches preliminary EUR 6.2 bln in 2008

Next Post

Cyprus trade deficit reaches preliminary EUR 6.2 bln in 2008

Newsletter

Latest News

tax debts paid through internet banking
News & Announcements

Tax debts arising after a tax notice, ONLY paid through Internet banking

January 27, 2023

By: Conficta Services Ltd The Tax Department reminds that the payment of tax debts arising after a tax notice has...

Read more
New Cyprus minimum wage

The new Cyprus minimum wage is now a fact

January 27, 2023
CoreSIBe plan

Use our CoReSIBe plan and start a better 2023!!

January 27, 2023

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
Menu
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
Menu
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta
2022 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb
  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.