Laser (debit card)
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Laser is the primary debit card system used in the Republic of Ireland. It was launched in 1996 and currently has more than 1 million customers. Seven Irish financial institutions are partners in the Laser card system: Allied Irish Banks, Bank of Ireland, EBS Building Society, First Active, National Irish Bank, Permanent TSB and Ulster Bank.
Laser is primarily an electronic point of sale debit card, but can also be used by telephone and internet, and can be used for up to €1,500 per transaction. Laser also offers a cashback option similar to many other cards. Laser is the only non-cash payment method accepted by some discount stores in Ireland, including Aldi and Lidl.
Since 2005, Allied Irish Banks (AIB) and Bank of Ireland account holders are receiving co-branded Laser/Maestro card. These are Chip and PIN cards with both Laser and Maestro functions. Within Ireland, they function primarily as Laser cards, outside they function as Maestro cards. All other Laser partners are to issue Chip and PIN cards, and this will allow them to co brand with other debit card brands.
