Spectator on facebook

Spectator on facebook


Paying with plastic becoming popular

THE POPULARITY of non-cash payment for goods and services through point-of-sale (POS) terminals in Slovakia increased last year.

The volume of transactions made through POS terminals administered by the Slovak Authorisation Centre (ACS) was Sk6 billion in 2001, a growth of Sk2.6 billion, or 77 per cent, from the Sk3.4 billion recorded in 2000. The ACS authorised 10.7 million transactions through POS terminals last year.

The volume of transactions carried out through automatic teller machines (ATM) administered by the ACS was Sk46.5 billion, a growth of Sk6.2 billion (15 per cent) from 2000. The number of ATM transactions reached almost 44 million.

ACS, a service company for commercial banks, has operated on the market since June 1994. It registered 1.03 million bank cards in late 2001. During the past year 2,000 POS terminals have been connected to the ACS authorisation centre for an aggregate number of 6,646.

The majority shareholder in ACS is Telenor, holding 51 per cent.

Top stories

Product quality laid on the EU table

Concerns over the different quality of same brand products are confirmed, but will anything change soon?

Will shopping in supermarkets soon become a thing of the past?

Education minister fails to explain distribution of EU money

The opposition parties plan to initiate a no-confidence vote, the second against this minister.

Education Minister Peter Plavčan

Who will stand up for journalists in Turkish prisons?

Journalists living in countries where politicians (for now) do not send people to prison for their opinions, who only sigh in relief that they are lucky this story does not concern them, are deeply mistaken.

Protesters in front of the court building.

EU court’s advocate general proposes to dismiss quota lawsuits

Yves Bot rejects arguments from Slovakia and Hungary on the legality of the relocation plan.

Refugees at the border between Hungary and Serbia.