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Cashless, foreign tourists spend more but make fewer transactions

SumUp Observatory, this summer transactions grew by +24.5%: hotels 43%

The summer of 2024 overtourism, with the main holiday destinations taken by storm from visitors from all over the world, has affected the trend of cashless payments: in the tourist sector transactions grow by +24,5%, but only 15% comes from international cards, -10% compared to the previous year. This is the main data of the international cashless tourism observatory of SumUp, which has analyzed the...

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EFA News - European Food Agency
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