Bank payment card penetration reached 104% in 2017 in Cyprus, according to the National Central Bank. This is 7.41% more than in the previous year.
Historically, bank payment card penetration in Cyprus reached an all time high of 114% in 2010 and an all time low of 46.2% in 2000.
Cyprus has been ranked 31st within the group of 39 countries we follow in terms of bank payment card penetration.
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