Electronic payments 'could save households €700 per year'

Electronic payments 'could save households €700 per year'

Households could save almost €700 a year by switching to electronic payments systems.

The finding is contained in a report 'Modernising Payments in Ireland' being launched by National Irish Bank later.

Ireland is one of the biggest users of cash and cheques in the EU, while other European countries have switched to technology driven payments, such as debit and credit cards, as well as electronic transfers.


More in this Section

Fears doctors overprescribing antidepressants to patientsFears doctors overprescribing antidepressants to patients

Man and woman arrested in connection with Cork arson incidentsMan and woman arrested in connection with Cork arson incidents

Paschal Donohoe 'recoiled' from Noel Grealish's comments about NigeriaPaschal Donohoe 'recoiled' from Noel Grealish's comments about Nigeria

Man to appear in court in connection with cocaine seizure in DroghedaMan to appear in court in connection with cocaine seizure in Drogheda


Lifestyle

Aileen Lee meets Christina Kenny - co-founder and design director of Lamb Design - to talk about her work and inspirations.Christina Kenny of Lamb Design: ‘I love bringing the outside in and inside out’

Tyrone designer Sharon Wauchob on her career and the worth of luxury fastion. By Paul McLachen.From Marc Jacobs to her own label, Tyrone designer Sharon Wauchob on her life in fashion

The recent sentencing of two teenage boys for the murder of Ana Kriégel has once again brought the issue of pornography into public discourse. The details of the case, which are finally coming into public knowledge, illuminate some very worrying trends that are pervasive in the modern adolescent world and as parents and indeed as a society we can no longer languish in complacency.Learning Points: Hardcore porn can pollute our children’s minds

If children are confident in interacting with others it takes away so much stress and social anxiety for them. Not too long ago, my daughter Joan and I were out with friends at a restaurant and we wanted extra water and a few other bits and Joan volunteered to go up and ask the waiter for them. My friend was really surprised at this and said that none of her children would willingly do that.Mum’s the word: We should look for chances to strengthen our kids’ social skills

More From The Irish Examiner