Debit card use in Irish stores stayed relatively the same during the COVID-19 pandemic, whilst the share of cash declined fast. Indeed, when combining the market shares of both debit cards and credit cards, ards accounted for over two-thirds of money spent in POS. The use of credit cards, especially, changed significantly since 2020. Visa was the largest card issuer in Ireland and the UK, with market shares of over 80 percent in both countries. This is different from other countries, as the preferred card brand varied across multiple countries in the European continent.
Market share of cash, credit cards, and other payment methods at point of sale (POS) in Ireland from 2017 to 2023, with a forecast for 2027
* The source changed its categories in 2021, see the "Details" tab for more information.
Supplementary notes
In 2022, the source stated it made two changes to the categories used in previous years. These include a combination of "credit cards" with "charge/deferred debit cards" and the split of BNPL from "POS financing" (which itself was added as a new category in 2020). The latter change was made to atone for the "growing importance of BNPL". This seems to have been reverted for "POS financing" in the 2023 report - which covered the figures for 2022.
The figures have been taken from several publications. No figures were available for 2018 as the source did not release any reports that year.
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Worldpay. (March 21, 2024). Market share of cash, credit cards, and other payment methods at point of sale (POS) in Ireland from 2017 to 2023, with a forecast for 2027 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1296708/preferred-payment-methods-ireland/
Worldpay. "Market share of cash, credit cards, and other payment methods at point of sale (POS) in Ireland from 2017 to 2023, with a forecast for 2027." Chart. March 21, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1296708/preferred-payment-methods-ireland/
Worldpay. (2024). Market share of cash, credit cards, and other payment methods at point of sale (POS) in Ireland from 2017 to 2023, with a forecast for 2027. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1296708/preferred-payment-methods-ireland/
Worldpay. "Market Share of Cash, Credit Cards, and Other Payment Methods at Point of Sale (Pos) in Ireland from 2017 to 2023, with a Forecast for 2027." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/1296708/preferred-payment-methods-ireland/
Worldpay, Market share of cash, credit cards, and other payment methods at point of sale (POS) in Ireland from 2017 to 2023, with a forecast for 2027 Statista, https://www.statista.com/statistics/1296708/preferred-payment-methods-ireland/ (last visited November 21, 2024)
Market share of cash, credit cards, and other payment methods at point of sale (POS) in Ireland from 2017 to 2023, with a forecast for 2027 [Graph], Worldpay, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/1296708/preferred-payment-methods-ireland/
