Cashless society: Donohoe backs right to pay in cash

Yesterday, the Department of Finance published the Report of the Retail Banking Review which predictedHowever, it also underlined that society is not yet ready to fully make the switch to a cashless society and the Government must consider how “access to cash” should be facilitated.The Department of Finance is expected to draw up a bill in response to the review and Minister Donohoe said it is important that consumers are given a choice of payment options.Newstalk Breakfast.

“And recognising that it’s very likely we’ll see an increasing number of people that will be making payments by their phone, by their watches and not using cash at all.a number of people within our society“I do believe that we will need to look at the minimum standards of cash usage that we want to have in our economy, that banks need to provide or, for example, shops and cafes need to accept.

Donohoe hasn't a clue. We don't want a cashless society

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