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IRISH PEOPLE ARE moving away from cash and cheques more and more in favour of credit and debit cards, according to a new report.
The report published by the Irish Payment Services Organisation (IPSO) shows that cheque spending is down by 62 per cent in the last five years with the value of cheques and paper debits falling from €797 billion to €301 billion.
The number of ATM withdrawals has also fallen 19 per cent and the value of withdrawals dropped from €29 billion to €20 billion in the same period.
Despite the decline in paper-based payments, Ireland remains one of the last few EU countries still using cheques and the value of cash withdrawn per capita is 66 per cent above average.
Debit cards are on the rise, with numbers up 38 per cent in a five year period and the number of payments up 41 per cent from 181 million to 256 million.
While the value of ATM withdrawals and cheque payments declined, the value of debit payments rose by 20 per cent to over €13 billion.
Online banking is also seeing an increase in popularity among consumers with the number of automated payments up slightly by 2 per cent though the value of payments fell 6 per cent in the five year period.
Commenting on the figures, IPSO CEO Pat McLoughlin said that they indicate that consumers and businesses are tending towards the “more efficient payment tools available”.
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Nope, it suxx, but I like Ed sheeran, seems a sound bloke.
@Darren Matthews: this should have been a poll option! I’m happy for the geezer and with him all the happiness his success can bring, but if he was strumming in my front garden I’d close the curtains – after dropping him out a cup of tea first of course!
I don’t think I’d know one of his songs
Sad to say I’ve turned into my dad, music was better in my day and so on.
@Nollaig Kelly: just flick on the radio pal, I’d say a quick scan through all the stations and it will seem that you will find one of his songs on at any given moment. Incredibly popular musician with the main stream radio stations.
@Gordon Larney: in super. markets and pubs its mostly 60,s and seventies music.. All the modern singers now are like wet milky tea with dollops of sugar.. What people see in Ed sheerins feeble warbling is beyond me! My generation were brought up on the stones, beatles, lead zeplin.. Beach Boys.. Blues, soul.. Jazz.
..ie quality music.. Music now is instantly Disposable to appease the tone challenged.!
Saw him in Vicar Street last night. Really amazing gig, he really engages with his audience.
There are a lot of people in Limerick & Cork very annoyed that this bloke is being allowed to play in their stadiums while their teams have to play elsewhere.
@O’Brien Michael: not his fault to be fair
@O’Brien Michael: That’s the GAAs decision, Ed didn’t hijack the stadiums! They can be annoyed, just not with him.
@O’Brien Michael: blame ur stadium ownets and teams
No I like led zepplin now they knew how t plargerise…
Nanana nanana ….
Decent lad , skipping his songs.
Everything is muck since Roy Orbison died
@Aonghus O Flaherty: what a voice Roy had. Could listen to him all day.
@Brian Dunne: Amen!
His music wouldn’t be to my taste – I’m a Depeche Mode fan more than anything else – but as other people have said here he seems to be a pretty decent chap. I’d sooner have him come here than another performer whose name I will not utter.
his songs are well constructed, diverse and always have a story behind them. even song wrote for other people have the same feeling, while bringing in co-writers like johnny from snow patrol have made him more rounded. they might be easy listening staples, but they’re goid songs.
I’ve seen some odd polls on the journal but this is way up there! Obviously I took part. Who doesn’t!
A-team is a great song. I don’t really know any others.
@Caroline Otoole: This song comes on in my car every time I switch it on. Drives me nuts. I must delete it. He seems like a decent lad and I wish him well but his songs are all a bit samey and just not my cup of tea.
@Caroline Otoole: “in 1972 a crack commando unit was sent to prison by a military court for a crime they didn’t commit….if you have a problem, and no one else can help, and if you can find them, maybe you can hire….”
The radio is after turning me off him cause they play his songs constantly
He is one of my Bad Habits.
Ill get my coat.
@Jason Flynn-Wall: That joke gave me Shivers
I couldn’t possibly listen to someone who shares a barber with Boris Johnson
Jazz musicians are fine when they play Bach.
https://www.bing.com/videos/search?q=leipzig+jazz+bach+youtube&docid=608008425553012690&mid=87BFDE134A4CEA8453A887BFDE134A4CEA8453A8&view=detail&FORM=VIRE
I’m not in to pop so
I couldn’t possibly listen to someone who shares a barber with Boris Johnson
have your say