Central Banking

Ireland aims to cut cheque use by two thirds in three years

cheque

The Central Bank of Ireland has released its first major analysis of cheque usage in the country – finding small businesses and consumers are the biggest contributors to Ireland remaining one of the heaviest users of cheques in the European Union.

The study is part of a National Payments Programme (NPP) being undertaken by the central bank on behalf of the ministry of finance and in conjunction with the Irish Payments Services Organisation (Ipso).

The programme has submitted a draft National

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