120,000 speeding fines were paid in 2019.
Motorists paid out over €10.5 million in speeding fines last year.
Freedom of Information figures show the number of fines paid increased by 9% in 2019 compared to the previous year.
120,000 fines for driving over the speed limit were paid last year. That number is over 10,000 more than 2018 when 110,000 speeding fines were settled. 17% of the fines were in Dublin while Kildare had the next highest.
Independent TD for Kerry Michael Healy Rae says the fines are simply a money-making exercise.
"The powers that be have realised that rather than using the whole structure of penalty points for a road safety measure, now it is a revenue accruing measure," he said.
A proposal for graduated penalty points whereby motorists would pay more the faster they were travelling will not be introduced.
Outgoing Transport Minister Shane Ross says there are other road safety problems that have to be addressed.
"There's a kind of myth around it - you know, nobody drinks and drives and young people are too sensible to do it. That actually isn't the case," he explained.
"A lot of young people ... are drinking and driving still. That's something which we haven't it cracked yet".
Despite reduced traffic on our roads this year - Garda figures show there have been 69 fatalities so far in 2020 - up 2 on the same time last year.
