Hayes: Despite increased contactless payments, there will always be cash and bank branches

Three-quarters of consumers are now using contactless payments at least once a week, leading to a reduction in the usage of cash.

The CEO of the Banking and Payments Federation, Brian Hayes, has said that despite the move to contactless payments during the lockdown, there will always be bank branches.

"While there had been a move to cash recently along with greater online transactions, there will never be a question of one or the other," he told RTÉ radio’s Morning Ireland.