What Budget 2016 said about payments

What Budget 2016 said about payments

In his budget speech last week, the Minister for Finance announced that the transaction limit on contactless payment cards is being raised from €15 to €30 from October 31. Also, in a bid to encourage greater usage of card payments, he announced changes to the costs faced by consumers.

From January 1, the current €5 stamp duty on debit/ATM cards will be removed and replaced with a 12 cent charge per ATM transaction.

Consumers will not lose out as a...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post