Credit card

About 7.2 million euros was charged in the first half of 2023 to debit and credit card holders due to the 31% increase in fraud incidents which raised the amount "embezzled" from cards to €12.5 million (an increase of 29% compared to the second half of 2022).

The prevalence of retail traders and services unwilling to accept credit cards is on the rise in the occupied territories of Cyprus, warns columnist Jenq Mutluyakali in an article at the Yeni Duzen newspaper.

The government plans to gradually pay all welfare benefits by prepaid card and oblige recipients to spend at least half the amount through electronic transactions.

Payments made with credit cards, debit cards and prepaid cards hit 639 billion Turkish Liras ($23.7 billion) in June, rising 109 percent from a year ago, according to the data from the Interbank Card Center (BKM).

Total card payments grew 2 percent from May.

With inflation driving up costs, global debts are nearing record highs at $305 trillion - around $45 trillion higher than pre-pandemic levels. Moreover, a worldwide recession has been warned for 2023 at the World Economic Forum earlier this year in the face of rising debt vulnerabilities.

The new MasterIndex Serbia research showing that in one year only, the number of payment card users has increased by 6 percent, from 32 to 38 percent.

The European Commission is preparing to create a digital euro, it became clear from a draft law seen yesterday by DPA.

Consumers in Eurozone countries will be able to pay with the digital euro in a variety of ways, for example through their smartphones or smartwatches.

This payment method differs from paying by debit or credit card, DPA notes.

Online gambling has become increasingly popular in Canada as a thrilling and convenient way to enjoy a wide range of casino games while having the opportunity to win real money. However, not all online casino sites are created equal, and it's important to consider several factors before signing up and depositing your funds.

The value of debit and credit cards transactions by Greeks last year reached 49.6 billion euros, accounting for approximately 38% of private consumption.

A 23-year-old man from Thessaloniki was convicted to 18 months in jail on Tuesday for stealing the credit card details of a lawyer to buy 10,250-euro-worth of goods from online shopping sites in 2020.