A study found that 70% of people are using contactless payment more often and that there has been a "fundamental shift" from cash.
The research also found that over half of consumers surveyed would switch shops if contactless facilities weren't available.
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Country Lead for VISA in Ireland, Philip Konopik says while contactless payments have gone up, there has been a big reduction in people booking holidays abroad.
"The offset of some of the spikes in travel and entertainment still makes a huge dent in global consumption.
"There are some nuggets in terms of increases in e-commerce spending, but generally the impact of the loss of those big sectors and the fact that they're so deep is going to haunt us for some time."
