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How our economy is going increasingly cashless
Published 1 month, 3 weeks ago
Description
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.