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Minister McGrath thanks public for input into future of payments

Age Friendly Ireland | National | National

Screenshot 2024 06 05 145601

The Minister for Finance Michael McGrath has published on 24th April 2024 a summary report of the responses to the recent public consultation which sought the public’s views on a new National Payments Strategy (NPS) for Ireland. A consultation paper (CP) on the NPS was prepared to guide the discussion and is available on the Department’s consultation site

Publishing the summary report Minister McGrath said:
“I was heartened by the level of interest and engagement the public had for the future of payments in Ireland. Based on the submissions received it is clear to me that access and choice of payment methods resonated significantly with the public and therefore will be an important input in the finalisation of the National Payments Strategy in 2024.”

The final strategy will set out a roadmap for the future evolution of the entire payments system, taking account of developments in digital payments, cash usage and how future changes should be made to the legislative criteria relating to access to cash .

For the full press release please click here.


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