Ennis Retailer Hopeful New Legislation Will Safeguard Role Of Cash In Society

Clare FM

An Ennis retailer is hopeful newly-proposed legislation will safeguard the role of cash in society. Cabinet has approved the Finance Provision of Access to Cash Infrastructure Bill 2024 which is seeking to guarantee safe and effective access to cash for all citizens. The legislation would put obligations on banks such as ensuring a specified percentage of the population is within no less than five kilometres and no more than 10 kilometres of an ATM. James Ferns of Ferns Wellness in Ennis says as well as giving people greater control over their finances, cash is better for business.