Credit card

Taxpayers who wish to claim the non-taxable amount of up to 2,100 euros should make purchases of 9,545 euros with debit or credit card.

However, it is not clear yet if the taxpayer should make his purchases using a single credit or debit card and bank account which have been declared on TAXIS online platform or he can declare more than one bank account.

There will be no retroactive taxes for 2015, according to the Finance Ministry. There will be an obligation to make purchases with credit cards in 2016, however senior citizens over 75 years of age or those living in isolated regions will be excluded from this rule.

Customs officers at Bulgaria's Sofia International Airport have discovered and seized about 50 skimming devices in courier parcels intended for shipping to destinations abroad.

A double cyber attack on Greek banks has been taking place with precision over four days. A group of hackers has launched therats against the e-banking systems of three Greek banks seeking a ransom in bitcoin. Meanwhile, there are leaks of Greek debit and credit card data that  have been used for transactions with the United States in recent days.

The limitation on credit card installments to pay for a number of items has been extended from nine months to 12 months to revive consumption levels. 

France, announcing fresh moves against terrorist financing, said on Nov. 23 it would target prepaid debit cards which it said were used in the recent Paris attacks.
 
"We will regulate more strictly the use of prepaid cards which were used in the November 13 attacks, in order to make it harder to remain anonymous," Finance Minister Michel Sapin told a news conference.
 

Transportations cards, which many Istanbul residents currently use to travel around the city, will soon also be used as debit cards for everyday purchases, according to a recent Istanbul Metropolitan Municipality (?BB) regulation.

Bulgaria's central bank on Friday warned of a scam involving potential misuse of personal data.

The Bullgarian National Bank (BNB) said that it has been tipped about unknown individuals making unsolicited phone calls, claiming to work as BNB employees and offering credit cards at preferential terms.

The volume of defaulted credit card and consumer loan debts reached 15.1 billion Turkish Liras ($5 billion) in July, according to figures from Turkey's banking watchdog. 

Defaulted credit card and consumer loan debts rose by 14.5 percent and by 20 percent, respectively, since the beginning of the year, according to data from the Banking Regulation and Supervision Agency (BDDK). 

The Turkish government plans to ease consumer loan conditions to revive the declining domestic demand just ahead of the upcoming elections, according to a report in daily Hürriyet.

n this vein, banking watchdog BDDK has been asked to prepare a revision to extend payment terms in consumer loans from 36 months to 48 months, sources said.