How our economy is going increasingly cashless
About this episode
The episode discusses the increasing trend towards a cashless economy and the rise of contactless payments.
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.
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