The Bank of Greece is advocating for increased incentives to encourage the use of card payments as a means of reducing tax evasion. Data analyzed by the central bank indicates a correlation between cash transactions and undeclared income. The Bank believes that promoting digital transactions will enhance transparency and improve tax collection rates. Currently, incentives exist, but the Bank argues they are insufficient to significantly alter consumer behavior. Further measures could include tax breaks for businesses accepting card payments or lotteries for consumers using cards. This push aligns with broader government efforts to modernize the Greek tax system and combat the shadow economy, aiming for greater financial accountability and increased state revenue. The Bank’s recommendations are currently under consideration by the Ministry of Finance.