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