Annual credit card and debit cards issued in Cyprus 2000-2023
In Cyprus, the number of credit cards started to increase in 2022, reaching a total of 286,631 in 2023. On the other hand, debit cards were found more often in the country, as that year there were over 1.5 million of these cards. The numbers provided are estimates, based on the figures central banks have to supply. Owning a payment card does not immediately indicate it gets used, as there are large differences within Europe when it comes to the use of certain payment methods.