Cyprus Government Shifts to Digital Bank Transfers for Receipts

Bank transfers now account for 85 percent of the state's total receipts in the first half of 2026, highlighting Cyprus's rapid transition toward fully digital public payments.

27 Aug, 12:14 — 27 Aug, 12:14

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cyprus-mail6d ago

Cyprus’ government receives 85% of payments by bank transfer

Bank transfers accounted for 85 per cent of the total value of government receipts during the first half of 2026, reflecting the state’s rapid shift towards digital payments, accountant-general Andreas Antoniades told the Cyprus News Agency (CNA). Alongside bank transfers, online payments represented 10 per cent of receipts, while electronic payments made in person accounted […]

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Cyprus Government Shifts to Digital Bank Transfers for Receipts

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Cyprus’ government receives 85% of payments by bank transfer

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