Say goodbye to notes and coins: How Covid is bringing an end to cash in Ireland

Half of all consumers believe that cash should be withdrawn from circulation in the next 10 years.

47% of over-55s see themselves becoming cashless by 2025. Picture: Pexels

The majority of Irish consumers believe the country will become fully cashless within five years.

Covid-related health restrictions have led to a surge in contactless transactions over the past nine months accelerating the reduction in the use of coins and notes to purchase goods and services.