EnglishHindiItalianNepaliPortugueseRomanian

Contactless payment limit increased

Accountants in Cannock | Accountants in Cardurnock | Accountants in Cargo | Accountants in Cark | Accountants in Carlatton | Accountants in Carleton Carlisle | Accountants in Carleton Eden | Accountants in Carr Bank | Accountants in Cartmel | Accountants in Cartmel Fell | Accountants in Carwinley | Accountants in Casterton | Accountants in Castle Carrock | Accountants in Catlowdy | Accountants in Catterlen | Accountants in Causeway End | Accountants in Causewayhead | Accountants in Cautley | Accountants in Chapel Stile | Accountants in Chapels | Accountants in Chestnut Hill | Accountants in Church Brough | Accountants in Claife | Accountants in Clappersgate | Accountants in Clawthorpe | Accountants in Cleabarrow | Accountants in Cleator | Accountants in Cleator Moor | Accountants in Cliburn | Accountants in Clifton Dykes | Accountants in Cocklake | Accountants in Drighlington | Accountants in Etherdwick | Accountants in Kingston North Dorset | Accountants in Great Ayton | Accountants in Aldershawe | Accountants in Peacemarsh | Accountants in High Hoyland | Accountants in Hubberholme | Accountants in Kearton | Accountants in Laytham | Accountants in Bolsover | Accountants in Marske By The Sea | Accountants in New York | Accountants in Bole Hill team | Accountants in Bolehill | Accountants in Penistone | Accountants in Scarcroft | Accountants in Stamford Bridge | Accountants in Swallownest | Accountants in Woodale | Accountants in Cutthorpe | Accountants in Bradford On Avon | Accountants in Fareham | Accountants in Ible | Accountants in Idridgehay | Accountants in Troway

Contactless payment limit increased

The spending limit for contactless card payments has been increased from £30 to £45 effective 1 April 2020. The change in the limit had been under consideration and has now been expedited as part of the industry’s response to the Covid-19 outbreak. 

The change will allow more contactless payments to be made reducing the need to enter pin numbers and handling of cash. Mobile payments such as Apple Pay and Google Pay, do not have an upper limit once they've been authenticated using biometric technologies such as a fingerprint or face scan.

The updated limit will take some time to be introduced at all retailers as many retailers are facing staff shortages and other pressures as a result of COVID-19. 

UK Finance, which represents the finance and payments industry, said the decision was made following talks with the retail sector. There have also been similar increases made in several other European countries. 

Proud to be featured in

Happy with our services? Please leave us a Google Review. Click here

Google Review Stars