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Government financial support will be key for SMEs bearing brunt of Covid-19 – BPFI SME Monitor
- Contactless spending hits new high of almost €1.9 billion in Q2 2020
- Latest BPFI figures show unsurprising reduction in mortgage drawdowns in Q2 2020, however mortgage approvals show monthly rise
- Sharp decline in cheque usage with 45% falloff since 2016 as consumers adopt electronic payments
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