ATM withdrawals rise for first time in 4 years

The Irish love affair with their flexible friend continues through the recession as the use of debit cards quadrupled while cheques declined.

Although the number of cheques used last year halved compared to 2005 levels they still remained a very significant portion of the payments’ landscape with almost 70m cheques processed in 2013.

The final nail in the coffin of cheques could happen in September on “e-Day” when the public sector will move to electronic payments as part of the National Payments Plan.