Cash appears to be no longer king when buying goods in Ireland.
Latest figures show that contactless payments were up 31.4% last year compared to 2022.
Almost €17.9 billion was spent using contactless payment methods by Irish people.
The average payment value increased also to €20.91 in 2022, from €19.58 a year earlier.
During the final three months of the year, on average €53m in spending was conducted each day without the use of cash, through 3 million contactless payments.
The figures were released by the Banking and Payments Federation Ireland’s (BPFI) Payments Monitor.
