When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, ...
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 ...
Rail passengers are being nudged toward tap‑and‑go payments that promise speed and simplicity, but the small print of the new ...
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 ...
The shake-up was among dozens of proposals suggested by the financial regulator in a letter to the Prime Minister after the ...