Young Irish adults lead cash usage despite digital payment boom

Young Irish adults lead cash usage despite digital payment boom

In an unexpected twist to the digital payment revolution, young Irish adults are emerging as the nation’s most frequent cash users, according to new research commissioned by An Post. The study reveals that 35% of people aged 18-24 use cash daily, significantly higher than the 26% reported among those aged 35-44. The national survey, conducted … Read more

Stripe to lay off 14% of global workforce

Stripe, the digital payments giant founded by Limerick brothers Patrick and John Collison, is to lay off 14% of its workforce globally. The business, which was valued at $95 billion (€97 billion) in its last funding round, will reduce its workforce, according to an email sent to employees on Thursday from the Collison brothers. The … Read more