More Irish consumers using contactless and digital wallets – AIB

AIB has revealed how Covid-19 is impacting the behaviour of Irish consumers as they shift more towards using contactless to pay for goods and service. The data has been compiled from over one million debit card transactions between 1st and 12th April and has been anonymised and aggregated.

Covid-19 is impacting the behaviour of Irish consumers, as they shift towards using contactless to pay for goods and service, according to figures released today by AIB. The data has been compiled from over one million debit card transactions between 1st and 12th April, and has been anonymised and aggregated.

The data reveals that Irish consumers are spending 30% more per transaction using contactless on their debit cards since the limit was increased on April 1st. Consumers are also spending more using digital wallets with average spending among Apple Pay and Google Pay users up 41% and 45% respectively as they look to avoid unnecessary interactions in stores.