During the second half of 2018, the volume and value of contactless payments both grew by almost 60%, while digital banking payments were up 12.6% over the same period.
Other key findings:
364 million contactless payments to the value of more than EUR 4.4 billion were made by consumers during 2018, almost 1 million contactless payments per day;
growth in contactless payments continued, by almost 60% during the second half of 2018;
consumers used digital banking (personal online or mobile banking) to make 93.7 million credit transfers during 2018;
over one third of consumer debit card spend and almost a half of all personal credit card spend during the first quarter of 2019 has been through ecommerce;
the use by Irish enterprises of online as a sales channel is the second highest in the EU (according to Eurostat);
the percentage of total sales transacted online is the highest in the EU;
19.9 billion was withdrawn from ATMs in Ireland during 2018.
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