With the pandemic accelerating a change in both shopper and retailer behaviour, and with the growing ease and security of paying with cash versus credit cards, it seems that the future might be cash-free.
Whether from a convenience, security, or hygiene perspective, retailers are moving increasingly toward cashless payments. But what options are available for Irish retailers – and are they likely to be adopted?
“There has been a significant shift from cash to card, particularly since the pandemic,” says Robert Doherty, director of product, AIB Merchant Services. “People want a convenient way of checking out. Merchants want secure methods of payment. And everyone expects all their payment types to be frictionless, quick and secure.”
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Whether from a convenience, security, or hygiene perspective, retailers are moving increasingly toward cashless payments. But what options are available for Irish retailers – and are they likely to be adopted?
“There has been a significant shift from cash to card, particularly since the pandemic,” says Robert Doherty, director of product, AIB Merchant Services. “People want a convenient way of checking out. Merchants want secure methods of payment. And everyone expects all their payment types to be frictionless, quick and secure.”
Read more
Why Cashless Economy means social exclusion
