Contactless payments make up 84% of all card transactions

Central Bank data shows that on average there were 103 million contactless card transactions recorded per month over the first half of the year, with an equivalent value of €1.7bn.

Payments through contactless cards and mobile phone wallets now account for 84% of all point-of-sale transactions in the country with an average of €6.8bn being spent or withdrawn on cards each month, new data from the Central Bank shows.

According to the data, during the first months of the year, Irish households recorded 971 million credit and debit card transactions worth €40.1 billion. There was, on average, 103 million contactless card transactions recorded per month over the first half of the year, with an equivalent value of €1.7bn.