Greece : Did you Know? | Facts about Greece« back

Sometimes refered to as one of the “Club Med” group of countries and now an adopter of the Euro, Greece made headlines last month after riots errupted in several cities after police shot dead a teenager its capital, Athens. The country is currently paralysed as Greek farmers demand compensation for low commodity prices.

Greece has historically been a country highly in favour of payments in cash. However, prior to the global credit crisis, the banking system went through significant development and growth, and encouraged consumers' steady shift towards non-cash purchases and payments.

The increasing number of new products, intense competition between banks, which brought about extensive offers in the large credit cards range, the expansion of the network of accepting merchants and the recent technological developments aiming at secure transactions, all drove growth of cards. In Greece, credit cards are almost synonymous with debit cards.

Furthermore, the use of the internet is becoming common - with 3.8m Greeks, or 35% of its 10.7m population, having access to the internet at this time. E-commerce is experiencing very promising growth, especially among young consumers. However, fraud - such as skimming and card cloning - remains concern in this market.

Greece has a developed pay-per-call market, with call tarifs ranging € 1.42 to €3.55/per Minute. OTE, the former state monopoly, is the main player in fixed-line telephony. Since the liberalization of the telecommunications market, OTE has been slowly been losing market share to other telecom operators, such as Vivodi, Q-Telecom, Tellas and Forthnet. Greece has four mobile telecom companies: Cosmote, Vodafone, TIM and Q-Telecom.

As for what turns them on, the term "Greek love" has long been used to refer to the practice, and in modern times, is sometimes used as slang for anal sex - so you might want to focus on that popular niche if you are to convert your Greek traffic into cash.

However, since English is not their native language, remember to commuicate with these surfers in their own native language of Greek. Thankfully, your picture depicting a gaping butt needs no translation per se and luckily the term ‘anal’ does not either! But when it comes to the important bit – paying you – do so in their language, and not yours.

If you operate a paysite, your billing providers should be able to provide you will geo-targeted scripts to help you to do this. If not, you should consider switching to those that do.

As webmasters, we have all profited from globalization big time thanks to the web. With a little time and effort, we take our brands global relatively easily, and more importantly, make more money from Greece and elsewhere in the process. The world really is our oyster.

Macr Jarret
www.password-by-phone.com