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An Post said that despite the growing adoption of digital payments, cash remains a preferred payment method for many consumers

28% of Irish adults use cash daily - An Post research

New research from An Post shows that - surprisingly - 18-24-year-olds are the highest users of cash with 35% of this age group using cash at least once a day.

Business • 11 Nov 24

McGrath wants to maintain ATM numbers at 2022 levels

The Minister for Finance says cash usage is on the decline but that access to cash remains an important part of daily life for many people.

Business • 24 Jan 24

Finance Minister Michael McGrath said the number of ATMs should, at the very least, remain the same.

Govt to impose requirements on ATM providers and banks

The Government is to impose requirements on ATM providers, banks and financial institutions to ensure that there is a "reasonable access to cash" across the country in order to avoid what's termed "financial exclusion."

Business • 12 Dec 23

The Government's National Payments Strategy is to set out a roadmap for the future evolution of the country's payments system and will take account of developments in digital payments and cash usage

McGrath wants public bodies to keep cash payments

The Minister for Finance has written to Government colleagues asking that public bodies under their remit maintain their existing payment methods in relation to accepting cash pending the completion of the National Payments Strategy.

Business • 20 Sep 23

Of those who do carry cash, 30% have €20 or less in their wallets.

20% never carry cash, younger people leading the way

Younger people are leading the way when it comes to cashless living, with half of 18-24 year olds saying they never carry money.

Business • 26 Jul 23

AIB was forced into a U-turn on the plan four days after it was announced

Minister defends handling of AIB cash withdrawal plan

The Minister for Finance has defended his and his department's handing of the decision by AIB to end cash services in 70 branches around the country in July.

Business • 21 Sep 22

Fewer people are relying on cash for their spending, and doing so is increasingly costing people money

'Unbanked': How cash can cost the less well-off

In an increasingly digital world those who work with cash are at an increasing disadvantage, but the cost of joining the financial system can be high too, writes Adam Maguire.

Business • 03 Sep 22

Koenig & Bauer Banknote Solutions' machines are used by virtually every country in the world

Crises keep demand for cash high, says banknote firm

There's still a lot of life left in the traditional banknote, printing company Koenig & Bauer Banknote Solutions said, with coronavirus and the war in Ukraine driving up demand for paper money despite competition from other forms of payment.

Business • 24 Jun 22

Digital finance apps like Revolut and N26 are growing rapidly in Ireland - particularly among younger users

Rise of money apps threatens to undermine Irish banks

After many false dawns, it now appears as though real competition has arrived. The only catch is that you need to be comfortable having your bank branch on your phone rather than the high street.

Business • 07 Sep 20

About four in ten consumers say they do not wish to use cash in future transactions, a new PayPal survey reveals

Consumers keen to shop local, but less so with cash

About four in ten consumers say they don't wish to use cash in future transactions.

Business • 24 Jun 20

Will the notes and coins in our wallets slowly become a thing of the past?

The phasing out of cash

One side-effect of the Covid-19 pandemic has been the encouragement of people to tap their cards rather than pay cash.

Business • 16 Jun 20

The average euro zone consumer carries €65 in their wallet, new figures from the ECB show

Euro zone consumers still addicted to cash

Cash still dominates consumer payments in the euro zone, despite many Western economies rapidly moving towards electronic payments, a survey published by the European Central Bank shows.

Business • 24 Nov 17

Ryanair operates out of 11 Greek airports

Ryanair to allow Greek customers to pay cash

Ryanair has said that it will allow Greek customers to pay with cash after capital controls caused problems with credit card payments on its web site.

Business • 01 Jul 15