Annual number of credit card transactions in Ireland 2000-2021, per capita
UK consumers started to pay off credit card debt during lockdown.
Credit card payments in the Republic of Ireland declined by nearly 20 million between 2019 and 2020. This lead to the per capita count to decrease to 33 in 2020. The trend of declining credit card payments is similar to what is seen elsewhere in Europe. In the United Kingdom, for example,