People Are Ditching Cash For Contactless Payments

The amount of money people are spending monthly on contactless payments is getting close to a billion euro.

The amount of money people are spending monthly on contactless payments is getting close to a billion euro.

New Banking and Payments Federation Ireland research shows August saw record highs of €990 million.

Consumers have increased their use of contactless payments due to the pandemic.

BPFI spokesperson and Ferbane's Olivia Buckley says customers are switching from cash to contacless:

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