The report from the banking body shows mobile phones are starting to dominate how we pay for things. In the year to June, 670 million online and mobile banking payments were made to the value of almost €7.5tn. “Looking at domestic in-store card payments as a whole, we can see that the volume of contactless payments continues to rise with some 86.1pc of all domestic point-of-sale card payments now contactless,” Ms Byrne said. “Also of note is that the average spend per mobile wallet payment was €18.93, 25pc higher than the average contactless card payment,” she said. In contrast, mobile wallet payments were least common in Roscommon and Monaghan over the same period.

Source: Irish Independent October 11, 2024 16:31 UTC