Irish Examiner view: Despite the cashless trend, we have a right to use notes and coins

It is surely a fundamental principle that people should be able to pay cash if they choose
Irish Examiner view: Despite the cashless trend, we have a right to use notes and coins

Euro notes and coins are legal tender which must be accepted in settlement of any debt. Stock picture: Getty

Finance Minister Michael McGrath outlined his views on cash this week, supporting in general terms the right of people to use banknotes and coins even if there is a marked drift away from cash in favour of digital transactions. 

This drift was certainly accelerated by the pandemic — that period saw a significant decline in the use of cash in Ireland, with ATM withdrawals down by one third between 2019 and 2022.

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