Ireland’s three major banks are combining forces to launch Zippay, an instant payments service designed to compete with Revolut, two years after abandoning a previous €17 million venture that never reached market. AIB, Bank of Ireland and Permanent TSB will roll out the mobile payment platform early next year, targeting their combined five million customers … Read more
PTSB said it is reducing interest rates for savers on new personal and business fixed-term variable deposit accounts by 0.5 per cent, effective from April 2. The adjustment will apply to 6-month, 1-year, 18-month, 3-year, and 5-year fixed-rate deposits, as well as Interest First and Online fixed-term deposit accounts. Current rates, ranging from 2 per … Read more
Permanent TSB has apologised the customers whose payments were unable to process due to some technical error. Following the issue, some customers didn’t receive their wages and complaint arose. Customers had experienced issues with PTSB’s Open24 online banking and the bank’s mobile app, but the issue has since been resolved. Shortly, PTSB released an apology … Read more
Permanent TSB (PTSB) is open for applications for the Brexit Impact Loan Scheme (BILS), CEO Eamonn Crowley has announced today. The Brexit Impact Loan Scheme provides low-cost loans to Brexit-impacted Irish businesses, including those in the primary agriculture and seafood sectors. The scheme makes a fund of up to €330m available to eligible businesses with … Read more