Use of plastic money tripled in Greece

1.1 million debit cards were issued in one month

Use of plastic money in the retail commerce has almost tripled since the imposition of capital controls in the country.

Credit institutions issued more than 1.1 million debit cards in one month from the end of June until early August, to a total of 11 million cards, whereas Greek banks were issuing less than 100,000 debit cards a month on average previously.

A report released by the Institute of Commerce and Services of the National Confederation of Commerce and Entrepreneurship pointed out the significance of electronic commerce in the development of enterprises and of the Greek economy in general.