I am writing to invite you to the formal launch of the Wexford Rounding Trial which will take place at 6.30pm on Tuesday 3rd September at The Talbot Hotel, The Quay, Wexford.
Senator Feargal Quinn, will be joining us at the launch to support the Rounding Trial, alongside representatives from the Central Bank and the National Payments Plan Steering Committee.
The purpose of the Trial is to reduce the number of 1 and 2 cent coins in circulation, test how rounding will work in practice and assess the reaction of consumers and retailers. It is being supported by Wexford Chamber of Commerce, as well as national bodies including Retail Ireland, Retail Excellence Ireland, RGDATA and the CSNA.
The Rounding Trial rules are simple and fair for all. Cash transactions are rounded to the nearest 5 cent at the till to remove the need for 1 and 2 cent coins in giving change. The price of individual goods or services will remain unchanged as only the total bill will be rounded. Non-cash transactions are not affected. Participation in the Rounding Trial is voluntary.
The Rounding Trial is an important national initiative which will also bring benefits to Wexford town and I hope to see you at the launch.
I would be grateful if you could let us know if you can attend by replying by phone to 053 911 0390, or by email to firstname.lastname@example.org
National Payments Plan