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:
Filipino festival planned for Laxey
A huge celebration of the Island's Filipino community will take place in Laxey later this year.
Glen Maye requisition meeting scheduled
A requisition meeting will be held in Glen Maye next month.
Political satire is coming to the Gaiety Theatre in Douglas next week, just in time to poke fun at the general election.
Viking longboat races today
Viking races will finally get underway in Peel today - after a six-week delay.
Postal vote applications have to be in soon
Living far away but want to cast your vote in September's election? Time's running out!
Mum launches petition over university support
A petition's been launched calling on government to provide more support for Manx university students.
Bus services north and south face disruption later
Bus Vannin says a number of its services may face disruption this evening.
Wildlife Trust unveils woodland plans
The Manx Wildlife Trust has submitted a planning application for a new woodland in the northeast of the Island.
