Treasury Minister Alex Allinson says scrapping the cash benefits payments system will save money paid to the Post Office but cost government more in bank charges.
In the House of Keys today he faced questions about the end of the MiCard scheme which is used by 3,000 people.
From the end of December next year, they'll need a bank account to receive benefits payments.
But he told MHKs the Treasury had spoken to banks about worries people can't open accounts:
Repairs on Peel Power Station to get underway
Manx Utilities says it's hoping to start fitting replacement flues to Peel Power Station next week.
Manx Care doctor survey to be discussed by Tynwald
How will the Government respond to a damning survey by the British Medical Association?
Weather warning for snow tonight
A yellow weather warning about more freezing weather will come into force later.
MHK queries safety at primary school in Ballabeg
An MHK will raise the issue of safety outside a primary school in the south of the Island next week.
Gales put two ferry sailings at risk tonight
Two Steam Packet Company sailings overnight could be facing disruption.
Should the Island throw a birthday party for Barry Gibb?
As tourism business owner has suggested the Isle of Man hold a huge event to mark Sir Barry Gibb's 80th birthday this year.
Warning issued over icy roads
Ice and frost is causing havoc on the Island's roads this morning.
High ground could see 4 inches of snow on Saturday night
The Island's Met Office has issued another weather warning for snow and sleet over the weekend.
