If someone wanted to put the brakes on the seemingly inexorable drive towards a cashless society, they could not have done better than shut down the network of the most common debit/credit card in the State. Their lobby group, the Banking and Payments Federation of Ireland, is among the main cheerleaders for the phasing out of cash. “If you attempted a Visa transaction that did not complete as a result of this issue, you should not be charged,” Visa Europe said in a statement. But, of course, you still would not have the family dinner to take home unless you had cash on you. Hopefully Visa chief executive Al Kelly’s apology for any “inconvenience this may have caused” will make people feel better about the whole incident.

Source: The Irish Times June 05, 2018 04:52 UTC