The National Payments Strategy (NPS) was published in October 2024, the strategy ensures that the Irish payment ecosystem evolves in tandem with the wider EU payments sector and continues to provide a strong user experience for Irish consumers, as a result of proactive participation by market players.
The strategy makes a wide array of recommendations which aim to direct the evolution of the Irish payments market going forward. Recommendations include emphasising choice in payments methods, the establishment of an account-to-account payment working group and requiring government departments and bodies accept or facilitate cash payments.
There is no central monitoring role for the Department of Finance in relation to the NPS. It is the responsibility of each Department to ensure recommendations made in the strategy are implemented. The attached table is the result of a limited scoping exercise that was undertaken over several days by my officials. Further questions regarding implementation should be addressed to the Department in question or the parent Department of the Body under the Aegis in question.
NPS Implementation Overview