SHOPPERS will soon find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current ...
Banks and payment providers will be able to set their own contactless payment limits from March 2026, with the current £100 ...
The shake-up was among dozens of proposals suggested by the financial regulator in a letter to the Prime Minister after the ...
Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives ...
As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless transactions, or no more than five consecutive contactless transactions, ...
Under changes being made next year by the Financial Conduct Authority (FCA), banks and payment providers with strong fraud ...
BASINGSTOKE, England--(BUSINESS WIRE)--New data from Juniper Research forecasts that global contactless transaction values will reach nearly $6 trillion in 2024, up from $2 trillion in 2020. It found ...
Consumers will be able to set their own contactless limits from March 2026, under new rules from the Financial Conduct ...