Shoppers can now make payments of up to £100 ($137) with a single tap of their card. The contactless card payment limit has increased from £45 ($62) to £100 ($137), although many retailers’ terminals will need to be updated so the option will not be available everywhere immediately. It may take “days, weeks, or even…
Contactless Payment Limit to Jump to £100 in October
The limit on contactless payments is set to rise for the second time in less than two years from October as the UK Government tries to get people to spend more in shops. Shoppers will be able to pay up to £100 ($137) using their contactless cards from October 15, trade body UK Finance said….
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