Thursday, 14 June 2018

Ceisteanna (69)

Michael Healy-Rae


69. Deputy Michael Healy-Rae asked the Minister for Finance if State-owned banks such as a bank (details supplied) will be supporting a new form of payment in the near future; and if he will make a statement on the matter. [26121/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

As the Deputy is aware, the State's shareholding varies across each of the three main banks.

AIB currently supports Apply Pay and details are available on their website:

Bank of Ireland provided the following reply:

"Bank of Ireland is not a State owned bank. The Bank has an existing Pay to Mobile service for customers and expects to integrate other third party phone payments propositions in the future. However, it is not in a position to confirm timings.

We have a continuous focus on implementing digital solutions, across all channels, to improve and enhance how we respond to the changing needs of our customers. Bank of Ireland is investing significantly in its technology and core banking systems which will improve the capabilities of its customer mobile propositions and payment systems."

PTSB provided the following response:

"Permanent TSB continues to review market developments in Payments. Development of wallet capabilities such as ApplePay is part of the Bank’s plans, but there is no indicative launch date as yet."