Greece recorded the second-fastest expansion in card usage among the EU’s 27 member states over the 2015–2024 period, according to a new study by the Foundation for Economic and Industrial Research (IOBE). The study highlights a steady decline in overall cash usage, differing intensities of electronic payments across transaction categories, and the continued positive impact […]
According to the report, the total value of payment fraud across the European Economic Area rose to 4.2 billion euros in 2024, up from 3.5 billion euros in 2023.
Household credit card balances now stand at levels even lower than those recorded before Greece adopted the euro.
Every smaller transaction reveals a larger reality: families trimming shopping lists, professionals scrutinizing expenses, and consumers struggling to make ends meet.
More Greeks are opting for cashless transactions using cards for transport and accommodation before and during trips.
No region in Greece outstripped the EU average, with Attica recording the highest percentage of online shoppers aged 16–74 at 54.1%.
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
Taxi services providers who do not accept credit card payments and fail to display a relevant sticker will face a 1,000-euro fine.