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HEAR MORE: Just over 40% of Cavan businesses believe they may go cashless over next decade

Jun 21, 2022 15:06 By News Northern Sound
HEAR MORE: Just over 40% of Cavan businesses believe they may go cashless over next decade HEAR MORE: Just over 40% of Cavan businesses believe they may go cashless over next decade
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Just over 40% of Cavan businesses believe they may go cashless over the next decade, while Irish consumers are one of the savviest in their uptake of cashless payments.

Those are some of the findings from an annual SME insight survey from BOI Payment Acceptance, a leading provider of payment technology integrations and acquiring solutions.

In the main, Irish businesses are divided on whether they will become cashless in the next decade with Dublin and Galway businesses ahead of the trend, while the Shannonside Northern Sound region is more cautious.

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The popularity of paying through wearable devices also continues to rise, with almost two thirds of Irish people surveyed having used mobile wallets to make in-store payments.

I spoke to BOI Payment Acceptance’s Director of Marketing, Barry Gray, about the findings:

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