Value of card transactions rose by 14% to €102bn last year

New Central Bank figures show the annual value of card transactions rose by €12.7bn last year, with the number of card payments also rising by more than 13%

In December, the total value of card spending amounted to just over €10bn, reflecting a seasonal spending increase of more than 10% compared to the previous month.

The total value card transactions rose by more than 14% last year compared to 2023, amounting to €102.6bn in the 12 month period. 

New figures released by the Central Bank of Ireland on Wednesday show that the annual value of card transactions rose by €12.7bn last year, with the number of card payments also rising by more than 13% to 2.66bn.