Homeowners who are financially hit by COVID-19 will be able to avail of a three month mortgage break.
The chief executives of Ireland's five largest banks met with the Finance Minister this afternoon to agree a series of measures.
Landlords whose tenants are impacted financially may also qualify for a break from repayments.
Contactless payments are to increase from thirty to fifty euro to help people avoid cash.
Finance Minister Paschal Donohoe says the mortgage break measure doesn't just apply to those who have lost their job, but also to people who have experienced a significant loss in income.
