Trial run could signal end of 1c and 2c coins
In a recent trial run by the National Payments Plan in Wexford cash transactions were rounded off to the nearest 5c at the cash register, removing the need for 1c and 2c coins in change. All of the retailers in the town and 85% of consumers believe rounding should be applied nationally.
The trial that ran from September 16 to November 17 last year followed market research that found consumers and retailers disliked the coins.
