Irish consumers will begin receiving change in cash rounded off to the nearest 5 cent from Wednesday, October 28th as part of Ireland’s rounding initiative which aims to reduce the use of 1 cent and 2 cent coins.
The rounding will only apply to cash payments with the total amount of any bill being rounded up or down to the nearest 5 cent mark. Rounding will be conducted on a voluntary basis while 1 cent and 2 cent coins will remain legal tender.
The Irish to start rounding up to the nearest 5 cent and simplify things
