Motoring solutions specialists’ easytrip has revealed that four out of five Irish consumers now pay for daily activities via debit card. Respondents cited that their weekly food shop (88 per cent), going to the gym (60pc) and paying for children’s after school activities (41pc) are all paid for via debit card and/or through online banking methods.
When it comes to an evening out it seems that men prefer to use debit and / or credit cards (53pc) compared to nearly two thirds (61pc) of female respondents who prefer to carry cash on a night out.
The survey also revealed that activities normally associated with cash payment such as taxi trips and public transport are now seeing a rise in alternative payment methods with over 15% of respondent citing use of a taxi hailing app and a quarter of those surveyed referencing daily use of leap cards.
Easytrip found that motorists are also turning to cashless payment methods for their motoring needs. When it comes to paying for petrol 70 per cent of motorists do so by debit card, 16pc by cash and 5pc by loyalty card. Parking your car and paying for it can vary depending on location with 50pc of respondents doing so by cash, 30pc by parking tag, 6pc by mobile app and 3pc by a loyalty card.
It’s been seven years since the M50 went barrier free and paying for tolling remains highest by cashless tag at 66pc followed by 14pc using coins, 13pc by debit card while 3pc pay by credit card and 5pc pay through online methods.
Commenting on the research, Colin Delaney, General Manager of easytrip said: “Our research has revealed that the majority of Irish consumers move through the working day without handling and parting with hard cash. Bank cards, loyalty cards, online banking and even mobile apps are replacing the use of what was the only valued source of tender – coins and bank notes. It just shows how we’re evolving into a cashless society through the various advances in technology.”
“Our tag technology provides a cashless payment solution that is convenient and more importantly provides savings for motorists on the go. Drivers can save up to €480 per year on the M50 toll by signing up for an easytrip toll account with the added bonus of selecting our parking service also”. That saving is based on €1 saving on M50 toll per use with Easytrip based on travel twice a day on M50 by 5 days each week for a year.
Easytrip tells us that it has been offering hassle free cashless payment options on tolls since 2005 and parking since 2008. Naturally. they encourage you to sign up to an easytrip tag account and avoid incurring late fines and penalties on your M50 motorway toll charges.
