Number of payment cards with a debit function in Cyprus 2013-2018

This statistic shows the total number of payment cards with a debit function in Cyprus from 2013 to 2018 (in thousands). In 2018, there were approximately 898 thousand cards with a debit function in Cyprus. This was an increase compared to the 688 thousand cards reached in 2014.

Total number of payment cards with a debit function in Cyprus from 2013 to 2018 (in 1,000s)*

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Source

Release date

July 2019

Region

Cyprus

Survey time period

2013 to 2018

Supplementary notes

* According to the European Central Bank definition, "Card with a credit function enables cardholders to make purchases and in some cases also to withdraw cash up to a pre-arranged ceiling. The credit granted can be settled in full by the end of a specified period or may be settled in part, with the balance taken as extended credit on which interest is usually charged. The holder is sometimes charged other fees, such as an annual fee. The distinguishing feature of a card with a credit function, in contrast to a card with a debit function or a delayed debit function, is the contractual agreement granting the cardholder a credit line allowing for extended credit."

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