Google Pay is now available for Permanent TSB's personal and SME customers, the bank said today.

The latest extension to Permanent TSB's digital banking offering, the bank said the option is now available to all personal current account and credit card customers and to SME current account customers with business debit cards.

Research shows that 73% of Irish consumers plan to use contactless payments wherever possible.

Permanent TSB customers will now be able to use their Android phones to make payments in-store, online and in-app.

While debit cards are subject to a €50 maximum limit for individual contactless transactions, Google Pay allows consumers to make contactless payments for transactions for more than €50.

Today's move follows the introduction of Apple Pay last year which saw a significant adoption rate among the lender's customers.

Customers with Permanent TSB's "Explore" current account will earn 10 cent cashback every time they use Google Pay to make contactless payments linked to their debit cards.

Jeff Harbourne, Head of Personal Banking at Permanent TSB, said that Google Pay is an excellent addition to the payment options the bank offers its personal and SME customers.

"We estimate that approximately 60% of our current account customers use Android phones and we expect a very positive reaction to Google Pay from them," he added.