Businesses across Wexford are taking part in a trial today - which could spell the beginning of the end for the 1 and 2 cent coins.

250 companies have signed up for the Central Bank's Rounding Trial - which will see all cash transactions rounded to the nearest 5 cent.

It follows successful trials in the Netherlands and Finland - which have seen small coins disappear from circulation.

The Programme Manager of the Central Bank's National Payments Plan, Ronnie O'Toole explains what will happen when the trial is finished.