More than €1 billion spent in contactless payments during May as economy re-opens
The daily spend of individual contactless payment users exceeded €16 for only the second time since 2016. By Niall O Connor Wednesday 7 Jul 2021, 6:15 AM 17 hours ago 7,100 Views 14 Comments
Image: Shutterstock/fizkes
Image: Shutterstock/fizkes
CONSUMERS MADE MORE than two million contactless payments per day in May worth more than €1 billion, new figures have revealed.
The statistics, released today by the Banking and Payments Federation Ireland (BPFI), show that Irish users broke the highest daily level since monitoring began in 2016.
Brian Hayes, Chief Executive of the BPFI, suggested the increased spend across the economy could be due to an easing of Covid-19 restrictions.
Over 2 2 million contactless payments made a day in May
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