Tap? AIB advise customers on policy for contactless payment fees

Since 2012, thousands of us have been availing of the contactless payment service provided by Allied Irish Bank.

And in recent weeks rumours have been swirling that the bank intends to impose a fee of 0.20c per payment later this month – something which they denied this week.

Reflecting on the five years which have passed since its introduction, AIB reiterated their intentions to continue waiving the transaction fees for contactless exchanges.

Speaking to Newstalk, a spokesperson for the bank said: "We don’t currently charge a transaction fee for contactless as it’s waived."

"We have no immediate plans to charge," they added.

So, you can rest easy, ladies. We're in the clear for now.