In January to April, domestic purchases of holders of Cypriot cards rose an annual 14% to €934.4m, JCC said in an emailed statement on Friday.

The use of Cypriot cards for purchases and cash withdrawals abroad rose in both April and the first four months of the year an annual 12% to €134.2m and €547.6m respectively, JCC said. The use of foreign cards for purchases on the island rose 16% to €81.3m in April and 19% to €239.5m in January to April. Their use for both purchases and cash withdrawals rose 13% to €102.1m and 15% to €315.1m respectively.

The value of transactions made by holders of Turkish cards in the government-controlled areas in April and in the first four months of the year was €1.5m and €6.7m respectively, JCC said. Holders of local cards spent in the Turkish occupied area of the island €1m in April and €3.5m in January to April. In Turkey, they spend €341,449 and €1.1m respectively.

Source: Cyprus Mail