New Market Report: ATM Cards in Greece
Consumer culture in Greece is cash-dominated, with cash still accounting for the vast majority of purchases. However, amid the economic downturn ATM transactions are squeezed due to the general decline in consumer expenditure. Moreover, while the collapse of credit cards amid booming insolvency is in favour of cash, cash transactions decline as a result of increasing debit card usage and electronic transactions. While POS debit transactions still account for just a fraction of cash withdrawals,...
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