Michael McGrath seeks to protect use of cash for necessities

New strategy will set out a roadmap for the  evolution of the entire payments system

The National Payments Strategy public consultation has opened. 

Finance Minister Michael McGrath has said the Government will legislate to protect the right of people to use cash when paying for necessities as he launches a new public consultation on the National Payments Strategy (NPS).

According to the Department of Finance, the NPS will set out a roadmap for the evolution of the entire payments system, taking account of the increasing use of digital payments as well as the future use of cash in society.