Consumers spent €53million per DAY using contactless payments during the last three months of 2022, according to the Banking & Payments Federation Ireland.
READ MORE: Major Ireland weather update as 12-hour thunderstorms to wreak havoc in dramatic forecast change Consumers do not care in general about Big Brother, more its convenience – they do not even have to take their credit cards out when they can use a mobile.But drug dealers will also lose out, and more importantly there is a record of all transactions.
It shouldn’t be difficult to buy tea on a train or to attend a GAA game. Yet simple activities like these are now unavailable for the many older people who continue to rely on cash. Going cashless means relying on online banking, which is not an option for many older people. Age Action estimates that six in ten people over the age of 60 are digitally excluded – they are not online or don’t have the skills to use the internet safely.