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:
Nile Rodgers has 'good times' on Douglas prom
Nile Rodgers says he had a "damn good time" on the Isle of Man yesterday, calling it a walker's paradise.
Isle Of Man Farm Shop reduces opening hours for winter
A farm shop in the west of the Island is reducing its opening hours for the autumn and winter months, citing customer demand, food wastage and staffing costs.
FOI reveals more than 1,000 Island patients have IBD
More than 1,000 patients seeing Island GPs have inflammatory bowel conditions.
Still time to complete Southern 100 survey
There's still time to let organisers of the friendly races know what you thought of this year's event.
Could you help feed hungry pets?
An organisation which helps people in need feed their pets has launched an urgent appeal for cat and dog food.
Commissioner steps back from local authority work during court case
An Onchan commissioner says he'll be stepping back from his local authority work during a court case.
Technical hitch reduced patrols by fisheries boat
The Department of Environment, Food and Agriculture says its fisheries protection boat operated reduced patrols for almost two months this year because of a technical fault.
Polling day for Island's general election
The Isle of Man goes to the polls today for a general election.
