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CATEX plans November return
Following 523 days of forced closure for exhibition and trade fair organisers, CATEX – Ireland’s lar...

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Tourism Needs Sustainable Step Change
 The long-term viability of the tourism industry necessitates a step change, says NUI Galway ac...

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Hospitality Employees Denied Rights
Evidence of significant breaches of basic employment rights to hospitality workers has emerged from ...

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Third Level Courses for Hospitality Workers
A new suite of third-level education programmes has been launched to encourage the retention and rec...

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CATEX plans November return
Tourism Needs Sustainable Step Change
Hospitality Employees Denied Rights
Third Level Courses for Hospitality Workers

'Tap' payments record in July

Contactless payments by Irish consumers hit a new daily record in July with an average of 2.5 billion payments made per day worth €40.5m.payment0921

New figures from the Banking and Payments Federation of Ireland (BPFI) show July payment volumes rose by 29% year on year to 77.5 million, while the value of contactless rose by 33.7% to almost €1.3bn. The value of the average payment increased to €16.21, from €15.63 a year earlier.
A separate report from the BPFI also shows that online and mobile banking payments continued to grow strongly in the second quarter of the year as Covid-19 restrictions were eased. Payments made online and by mobile phones grew by 15.3% year on year to 32.2 million payments. 
While the payment card is by far the most frequently used payment instrument, digital banking transfer volumes grew by 15.3% year on year to 32.2 million payments.
Cheque payments remained at historically low levels volumes of 2.1%.
 

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