Breakfast Business with Joe Lynam

← Breakfast Business with Joe Lynam6 days ago · 8 min

How our economy is going increasingly cashless

How our economy is going increasingly cashless6 days ago8 min

We’re going increasingly cashless in this economy. 90% of the near €50bn worth of point of sale payments in our shops were contactless. According to the Banking and Payments Federation’s Payments Monitor for the first half of the year, mobile wallets such as Apple or Google pay now account for ⅔ of these contactless payments.

Joining Joe to discuss this further was Gillian Byrne Head of Payments with the BPFI.