CyprusCyprus to launch mobile number payment system by 2027
Cyprus is set to introduce a new instant payment system by 2027, allowing bank customers to send money using only mobile phone numbers, eliminating the need for IBANs.
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New Cyprus Payment Plan to Allow Transfers via Mobile Number by 2027
First report 2h agoLast update 2h ago1 takes▲ 1
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started 2h ago•Last update 2h ago
The new payment system is seen as a positive step towards simplifying everyday bank transfers for customers.
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