Access to Cash Bill in Ireland given Cabinet approval

The video discusses the introduction of a bill to ensure access to cash in Ireland, acknowledging the efforts of the banking team. It highlights the trend towards digital payments, accelerated by COVID-19, and the decline in ATM transactions. The bill aims to prevent financial exclusion by maintaining ATM access, using 2022 levels as a baseline. It sets criteria based on EU regions, ensuring a percentage of the population has ATM access within 10 km and specifying the number of ATMs per 100,000 people.

What was the value of ATM transactions in 2022 compared to 2019?

• €20 billion in 2022 and €13.5 billion in 2019

• €13.5 billion in 2022 and €20 billion in 2019

• €15 billion in 2022 and €18 billion in 2019

• €18 billion in 2022 and €15 billion in 2019

Why is there a need for the Access to Cash Bill despite the trend towards digital payments?

• To increase the number of digital transactions

• To prevent financial exclusion and ensure access to cash

• To reduce the number of ATMs

• To promote cashless transactions

What is the anchor point for the number of ATMs in the Access to Cash Bill?

• The number of ATMs in 2019

• The number of ATMs in 2020

• The number of ATMs at the end of 2022

• The number of ATMs in 2021

What percentage of the population in the West region has access to an ATM within 10 kilometers?

• 99%

• 90%

• 97%

• 95%

Which region has the highest number of ATMs per 100,000 people?

• Border region

• Mideast region

• West region

• South region