UK to raise contactless card payment limit to 45 pounds in April
Topics: PAYMENT UK
"This will give more people the choice to opt for the speed and convenience of purchasing goods using their contactless card, helping to cut queues at the checkout," said Stephen Jones, chief executive officer of UK Finance.
Consumers who need to spend more than 45 pounds will still be able to use chip and pin cards and contactless payments via mobile phone, which are not limited because they use biometric technologies to verify the presence of cardholders. ■