Credit card use up on road tax payments

CREDIT card spending rose 16 per cent year on year last month after a rush by car owners to renew their road tax online, clearing agency JCC said yesterday.

JCC said transactions were valued at €181.9 million with about 25 per cent of the amount spent on paying for road tax renewals. From January, some €362.9 million had been spent with credit cards, a 14 per cent climb from a year ago, it said.

JCC is a partnership of the island’s main commercial banks.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.