Payments by credit and debit cards are expected to record an increase of more than 40 percent this year compared to 2016 following the sharp growth trend triggered by the imposition of capital controls almost two-and-a-half years ago.
Bank estimates see consumer spending using cards reaching 22-23 billion euros by the end of the year, from 15.5 billion in 2016, when the figure had more than doubled from 2015.
The 2017 figure only concerns payments made using cards issued by Greek lenders, so it does not include card payments made by the millions of tourists who have visited the country this year, as that would take card turnover to some 27 billion euros.
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Source: ekathimerini.com
