Cyprus Business Now: tourism, IMO, bank transfers, property, Keo, inflation

Cyprus is preparing a new interbank payment service that would allow customers to send money using only the recipient’s mobile phone number, with its introduction currently being considered for the first quarter of 2027.

Plans are expected to enter a more detailed stage in early September, when  JCC Payments  holds its first substantive meeting with members of the  Association of Cyprus Banks (ACB) .

The meeting will examine the technical and procedural requirements for