Travellers checks, the EU’s long-term travel insurance policy, will be able, as of 1 January, to be booked in the same way as normal.
However, the scheme has had a bumpy start to the year.
Since January, the number of travellers checks booked on Irish airlines has been declining as demand from passengers and tourists has waned.
The drop in travellers checks has coincided with the EU introducing stricter immigration controls to try to stem the flow of people from Russia, Iraq and other Eastern European nations.
On Wednesday, the European Commission warned that if there is a repeat of the current situation, the bloc will have to start rationing travellers checks.
It will require the Irish government to provide further details on how it plans to make up for lost income from the reduced number of travelers checks.
On Friday, the Irish Health Minister Dr Michael Higgins said the country had been working hard to make the system more robust.
However the latest figures released on Friday showed that in the first quarter of the year there were an estimated 1.8 million fewer travellers checks than normal.
The latest figures also showed that the number and type of travellers checked declined by 6.6 per cent, the lowest rate since January.
Mr Higgins said that the government was looking to “do more to ensure that travellers checks can be booked and paid for on the same terms as normal”, while also improving the process of booking them.
He said that he hoped the figures would “significantly reduce the cost of travel to Ireland and help us get people home faster”.
The new rules, which were introduced on January 1, will apply to all EU member states, including Ireland, except Norway and Iceland, which will be exempt from them.
Irish Foreign Affairs Minister Charlie Flanagan said on Thursday that the changes were an important step forward for the country and would help to “strengthen the border and prevent people entering the country from risking a serious health risk”.
He said the changes would help tackle the flow and movement of people.
“It will make it easier for us to check and make sure that the person who comes into the country has the right documentation to make their journey safely,” he said.
Irish travellers checks have long been an important part of the European Union’s migration policy, which was initially designed to stop people from travelling from Russia to the UK.
However they have also become a contentious issue between EU member countries.
In September, a German court ruled that a woman in Germany who had travelled to France for medical treatment in April should not have her visa cancelled after she refused to provide medical information.
In February, the German government said it would not renew a passport of a Czech woman who had entered the country without documentation.