Croatia Embraces the Cashless Revolution as Card Usage Soars

Croatia has fully embraced the cashless revolution, with a staggering 93% of the population now wielding at least one payment card by the end of last year

According to the Croatian National Bank, a remarkable 775 million transactions were made in 2023, totalling an eye-watering €35.2 billion.

The nation’s switch to contactless payments is undeniable, with more than 8.5 million payment cards currently in circulation. Debit cards account for the majority, with 80% of Croats tapping away without the worry of incurring debt. Meanwhile, nearly 30% of the population holds a credit card, indicating that retail therapy remains a favourite pastime.

From bustling small businesses to big-ticket spenders, the trend towards cashless payments shows no sign of slowing. As Croatia increasingly goes digital in its financial habits, it seems the days of fumbling for coins and notes could soon be a distant memory.

Have a news tip or story to share? Email us at info@connectingregion.com

Artificial Intelligence Set to Reshape Job Market in Serbia

The rapid development of artificial intelligence is expected to significantly reshape the labour market, with experts warning that certain...

Over 230,000 Electronic Certificates Issued Since e-Bolovanje Launch

Since the introduction of the e-Bolovanje system, more than 230,000 electronic sick leave certificates have been issued in Serbia,...

Leadership Transition at Rimac Technology 

Rimac Technology, the internationally recognised Tier 1 automotive supplier, has announced key leadership changes designed to steer the company...

Bosnia and Herzegovina Advances Armed Forces Modernization

The Council of Ministers of Bosnia and Herzegovina has approved several multi-year modernization projects for the Armed Forces, including...

North Macedonia to Welcome Two Major High-Tech Foreign Investments

North Macedonian Prime Minister Hristijan Mickoski announced two major foreign high-tech investments, one from Turkey and one from Germany,...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities