Shoppers can now make contactless card payments up to £100 with a single tap of their card. Today, Friday 15th October 2021 sees the limit for contactless cards increase from £45 to £100. The news comes after it was revealed 60% of all card transactions in the UK last year were contactless. However, the change […]
The limit on contactless spends is increasing to £100. Shoppers will be able to pay for goods up to this value from 15th October, as the limit increases from the current £45. It’s the second increase in two years. For many this may be good news, with more flexibility to pay for food shopping or […]
The Financial Conduct Authority (FCA) is considering raising the amount for a single contactless payment transactions to £100. A ruling is to be made shortly as officials debate whether to increase from the current £45, only one year after it was increased from £30. The pandemic has certainly made people use contactless much more, with the […]
Don’t forget, limits for Contactless card payments have been increased in the UK from £30 up to £45 from the start of April. The measures have been brought in as a result of the covid19 pandemic in efforts to avoid the unnecessary handling of cash.
The spending limit on contactless card payments is to rise from £30 to £45 from April 1, to limit transmission of coronavirus by allowing customers to make payments without touching card terminals or using cash.