Oireachtas Joint and Select Committees

Thursday, 17 January 2019

Public Accounts Committee

Business of Committee

9:00 am

Photo of Catherine MartinCatherine Martin (Dublin Rathdown, Green Party) | Oireachtas source

There was at least a perception of encouragement to have social welfare and pension payments and so on made through the banks which had the consequence of undermining the post office system. The perception - I will put it no stronger than that - was that it was really intended to improve the health of the banking system by having additional activity, but there was a consequence for post offices. It undermined something that could be an organic third force in banking, or at least part of one. There are other issues. As well as the winning of a contract, there is the potential undermining of another State entity by the policy followed by the likes of the Department of Employment Affairs and Social Protection in pretty much directing that people be paid by direct debit or standing order, rather than collecting their payments at a post office. That is the other side, of which we should not lose sight.

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