The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards.
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£100 contactless card limit to be lifted
Consumers will be able to set their own contactless limits from March 2026, under new rules from the Financial Conduct ...
Banks and payment providers will be able to set their own contactless limits from March 19, 2026 - here is what it means for ...
Huge changes could soon be coming to contactless payments made in the UK. The current rules mean people can make payments of ...
New powers are set to be handed to card providers to decided for themselves whether the £100 contactless limit is to be kept or not. As it stands, in the UK, there is a £100 limit on contactless ...
The FCA will allow banks to lift or remove the £100 contactless card limit from March, giving customers more flexibility ...
Contactless payments were introduced 18 years ago, with the initial PIN-free limit set at £10. This gradually increased to £30 in 2015, £45 during the Covid pandemic, and then to the current maximum ...
It was in the March of 2021 that the Financial Conduct Authority decided that its rules should be changed to allow for ...
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