Moving away from cash: ECB study reveals shift in payment habits

Cyprus has emerged as a leader in cashless payments, with card usage exceeding the eurozone average across all age demographics, according to a European Central Bank study released yesterday. The study reveals that 59 per cent of Cypriot consumers preferred cards and other cashless payments for in-store purchases in 2024, compared to the eurozone average … Continue reading Moving away from cash: ECB study reveals shift in payment habits