CREDIT card transactions dropped 5 per cent to €2,156m last year over 2012, according to figures released by JCC payment systems, while transactions with credit cards in the domestic market in December reached 222.5m, marking a decline of 4 per cent year on year.
Credit card payments to utilities and electronic shops increased by 4 per cent in December, while payments to public organisations, shopping malls, clothing and music shops declined.
Purchases and cash withdrawals abroad for 2013 declined by 10 per cent reaching €1.261m.
For December, purchases and cash withdrawals declined markedly, dropping 18 per cent year on year to €98.8m.
However, credit card transactions by tourists in Cyprus last year reached €544m, an increase of 2 per cent year on year, whereas purchases by tourists using a credit card in December 2013 increased by 7 per cent to €27.5m.
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