Image via WikimediaAIB customers will soon be charged for contactless payments.
Bank customers will also have to pay a quarterly maintenance fee for their current accounts.
From May 30th, it will now cost AIB customers 1 cent per tap. It's following in the footsteps Bank of Ireland and Ulster Bank for the convenience of cashless payments. AIB is also getting rid of its free maintenance for consumers who keep a balance of €2,500 in their accounts, charging €4.50 per quarter.
The move could cost people an extra €80 euro a year.
The average customers makes 5 ATM withdrawals, 5 chip and pin, 10 direct debits and 30 contactless transactions. Bonkers.ie says there are alternatives to traditional banks with digital only services such as N26 and Revolut becoming increasingly popular.
