Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

When it comes to the level of fees, the Central Bank of Ireland has the key role in terms of legislation and regulation of those fees. The Deputy's points will be taken note of. It is important that individual consumers and businesses have as much choice as possible when it comes to methods of payment. The Deputy will be aware that I brought forward the heads of Bill on the issue of access to cash, which will help to protect the ATM network in communities all over Ireland and will also protect the cash lodgment services which are so important for businesses all over the country.

In addition we are developing in parallel the national payment strategy which will deal with the issue of ability to use cash and also the option of using a digital form of payment. That work is advanced and I very much welcome the Deputy's views and his inputs in regard to that over the period ahead.

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