Cash still king? Cards and online banking dominate consumer spending

New data from the BPFI shows €22.7 billion was spent via debit or credit card in Q2 alone

While digital payment technology are on the rise, bank cheques are on continuous downward trajectory. Picture: Getty

Credit and debit cards dominate consumer spending as the volume of cheque transfers has halved since 2018, according to the Banking & Payments Federation Ireland ...