What you need to know
Consumers have never had a such a broad range of options available when it comes to paying for goods or services as they do today. Traditional methods – most notably cash – coexist alongside contactless, smartphone payments and other innovative payment methods. More and more, consumers are coming to recognise and appreciate the added convenience and control these new methods offer, which has seen certain innovative methods extend beyond the core group of early adopters. In particular, Irish consumers have truly embraced contactless card payments, which strongly suggests that cash finally has a genuine competitor even when it comes to everyday, low-value transactions.
Issues covered in this Report
This Report examines payment methods in NI and RoI. It analyses the main factors and trends with respect to payment methods in Ireland. In addition, drawing on exclusive consumer data, it analyses the main methods of payments used by Irish consumers, the factors that encourage and discourage usage of different methods and general attitudes towards payment methods.
