Ireland continues to embrace cashless payments
Visa has revealed that the usage of contactless payments in Ireland has tripled since the end of March 2016. Figures published today show that Irish people conducted just over 3 million contactless payments a week at the end of last year.
The increase of the payment threshold from €15 to €30 is thought to have contributed to the surge in usage.
This news comes as the Irish Cancer Society prepares to introduce contactless donations on the 30th annual Daffodil Day, which takes place today. This is the first time donators will be able to ‘tap to give’.
Commenting on this new development, Philip Konopik, Country Manager, Ireland, Visa, said: “Visa is always looking to launch new and innovative ways to pay, reflective of how consumer habits are evolving. We are delighted to help support the Irish Cancer Society with Daffodil Day by enabling donations with a Visa contactless debit card or by smartphone, which would have potentially been missed out on before.”
Those looking to donate can give €5 with a tap of their contactless card at certain donation points.
Ireland continues to make strides towards a cashless society, having recently welcomed the launch of Apple Pay. This follows the launch of Android Pay, which arrived into Ireland before Christmas.
At present Apple Pay is only available for Ulster Bank and KBC customers, with other banks expected to follow in the coming weeks.
AIB and KBC customers can avail of Android Pay to carry out transactions. Speaking back in December, Google highlighted the security features of Android Pay.
"We have a multi-layered security approach with Android Pay. Payment information is encrypted and constantly monitored for malware and fraud. We don’t share the actual 16-digit card number with merchants during the transaction and we don't store it on the phone. If a phone gets lost or stolen, you can disable the account at any time and because the actual card number is not stored on the device, there is no need to cancel it."