Ireland's payment market has the following characteristics:
Rapid growth in digital payments: - Bank cards are widely used, especially debit cards - Mobile payments and digital wallets adoption rates are rising
Reduced cash usage: - Although cash is still widely accepted, usage frequency is declining - Small payments are shifting to digital methods
Innovative payment technologies: - Contactless payments are popular in retail - Mobile payment applications like Revolut are popular
E-commerce development: - Online payment methods are diverse - International payment platforms are widely used
Open banking ecosystem: - PSD2 drives financial innovation - Increased collaboration between fintech companies and traditional banks
Regulatory environment: - Complies with EU Payment Services Directive (PSD2) - Focuses on payment security and consumer protection
Internationalization trend: - As a European technology hub, attracts many international payment companies - Strong demand for cross-border payments
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Popular payment methods
Satispay
Satispay is commonly used for digital wallets payments in IE.
- Payment type
- Digital Wallets
- Buyer coverage
- IE
- Payment currency
- EUR
- Refund
- Partial refund
Paysafecard
Paysafecard is commonly used for prepaid card payments in IE.
- Payment type
- Prepaid Card
- Buyer coverage
- IE
- Payment currency
- EUR
- Refund
- Partial refund
Skrill
Skrill is commonly used for digital wallets payments in IE.
- Payment type
- Digital Wallets
- Buyer coverage
- IE
- Payment currency
- EUR
- Refund
- Partial refund
SEPA Direct Debit
SEPA Direct Debit is commonly used for bank transfer payments in IE.
- Payment type
- Bank Transfer
- Buyer coverage
- IE
- Payment currency
- EUR
- Refund
- Partial refund
Klarna
Klarna is commonly used for digital wallets payments in IE.
- Payment type
- Digital Wallets
- Buyer coverage
- IE
- Payment currency
- EUR
- Refund
- Partial refund
Ireland
Country code
IE
Currency code
EUR
Currency unit
€ EUR