Millions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator has confirmed. Banks and card providers will be given the power, from March, ...
Significant alterations to the limits on contactless payment cards are on the horizon for millions of shoppers, as revealed by the financial regulator. Currently, the cap for contactless payments is ...
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In today’s tech-driven world, protecting our personal and financial information has become more crucial than ever. As we rely increasingly on credit and debit cards embedded with RFID (Radio Frequency ...
Shoppers could find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current rules mean people can make payments of up to £100 per transaction when using ...
The £100 cap on contactless card payments is to be lifted – under changes that will allow some shoppers to set their own limits. Under the plans, from the Financial Conduct Authority (FCA), banks and ...
Consumers will be able to make contactless card payments over the current £100 limit, the regulator has confirmed. Banks and card providers will be allowed to offer customers the chance to set their ...