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Ireland introduced a rounding system in 2015 to reduce the use of 1 and 2 cent coins. Cash transactions are rounded to the nearest 5 cents, helping to lower minting costs and simplify cash handling.
While the system offers practical benefits for businesses and the public, it also raises concerns about pricing and fairness.
Do you think the rounding system for cash payments in Ireland is fair, or does it disadvantage consumers?
Guest host Mairead Ronan is joined by Paul Merriman from Ask Paul, as well as listeners, to discuss.
By Newstalk4
44 ratings
Ireland introduced a rounding system in 2015 to reduce the use of 1 and 2 cent coins. Cash transactions are rounded to the nearest 5 cents, helping to lower minting costs and simplify cash handling.
While the system offers practical benefits for businesses and the public, it also raises concerns about pricing and fairness.
Do you think the rounding system for cash payments in Ireland is fair, or does it disadvantage consumers?
Guest host Mairead Ronan is joined by Paul Merriman from Ask Paul, as well as listeners, to discuss.

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